I'm not sure everyone knows the following data. It seems that WCAP did real well today to fix the last quarterly report:
Winfield Capital Reports Resultsfor the Second Quarter Ended Sept. 30, 1998
November 12, 1998 04:32 PM
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Nov. 12, 1998--Winfield Capital Corp. (WCAP-Nasdaq) announced today a net loss of $2,653,554 for the quarter ended Sept. 30, 1998 versus a net loss of $629,041 for the quarter ended Sept. 30, 1997. This net loss included a reduction in unrealized appreciation in the value of investments totalling $2,353,809 versus a reduction of $359,256 of such unrealized appreciation in the same quarter in 1997. The change in unrealized appreciation in 1998 was principally related to the decline in the market price of one investment in a publicly traded company, Cyberian Outpost, Inc. The Company's results also reflected that total investment income for the second quarter of fiscal year 1999 versus the second quarter of fiscal year 1998 decreased approximately 37% from $308,287 to $195,525.
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