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Technology Stocks : WordCruncher Internet Technologies, Inc. (WCTI)

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To: Ed Silverstein who wrote (257)12/9/1998 6:57:00 PM
From: ICANPIKM  Read Replies (1) of 488
 
I have spent the last couple of days doing research on WCTI. PSP was not paid by WCTI in shares to be their pick, he simply loves the stock (I spoke with Bob Dylan the analyst and anyone else can/should verify this as well). He said that he takes a fee for most stocks, but does a few "to keep up the good credibility of his site". Don't just take my word on this, verify yourself. The firm they signed today is huge and I would assume that they only take the best as clients. I am long on the stock and will hold but am a little more of a realist than some on here. (my prediction on Feb. 10th is 9 bucks). This pullback is actually good in my opinion, the stock is forming a much higher support level. Additionally talked to Ken Bell at WCTI, they are in the process of filing the form 10 to be fully reporting in 1st quarter of 1999. They also expect to do a secondary offering from a large firm in late 2nd quarter that will immediately help them get listed on the NASDAQ. Also heard rumor they were doing another 2 luncheons next week in front of some brokerage house, fund managers and analysts, similar to the ones they did in baltimore/new york (this can only be another positive). Let's keep up the due diligence and here's to another postive step forward.
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