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Microcap & Penny Stocks : WCEC - West Coast Entertainment Company
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To: DJ Albers who wrote (5)9/15/1997 11:21:00 AM
From: Bosco   of 60
 
good morn, all - I bumped into this thread and proceeded to chk out the fundamentals and stories behind WCEC. My questions - if I may - are the following:

1. do we see videotapes the buggy whips of yesteryears?
2. or, is the demise caused by the downdrift of Blockbuster?
3. the book value seems impressive; however, what is the quality of asset? I would imagine the inventory of tapes accounts for quite a bit of book value; however, this can be easily wiped out by a writeoff.
4. sale is also impressive, but cash seems to be lo. Is this because of some sort hi overhead? In a way, cashflow is probably the deciding factor whether the stk is a buy or not

Comments are appreciated. TIA

rgds Bosco

p.s. plz also post earnings Thx again
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