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Microcap & Penny Stocks : WestAmerica Corp. (WACC)
WACC 0.00Nov 7 4:00 PM EST

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To: JOE TURMAINE who wrote (467)8/10/1998 9:21:00 PM
From: LAMPLIGHTER   of 749
 
Yep, looks like the same American Leisure Joe.
I guess if WACC was going to pick a backer, this was one to choose.
Similar businesses. Unlike a bank, where you can't service a debt directly with shares of stock. I don't forsee a problem with WACC meeting the financial deadlines they've agreed to unless the Florida timeshare market takes a turn for the worst, which is unlikely. This market has been growing at an annual pace of 15-20% and I would imagine if these numbers were single digits the goal is still attainable.
This is a good day for all of us. They had me wondering for a while there. Whew!!!

Lamp
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