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Microcap & Penny Stocks : WMCLQ (OTCBB)
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To: JSB who wrote (4)11/10/1998 9:33:00 PM
From: Pe@cockm@n  Read Replies (1) of 16
 
Have you had a chance to review the 5 year pro forma, news release and excerpts from the motion to dismiss? Stock appears to be selling at approximately 1/5 of its cash position after payment of reorganization costs. There has been a dramatic turn around at Westmoreland Coal (WMCLQ) and after the stock is listed again and the bankruptcy is dismissed I expect that it will rise to the $5 or $6 level. Your thoughts please?
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