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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 33.81+4.4%Dec 19 9:30 AM EST

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To: Francois Goelo who wrote (397)1/22/1999 2:49:00 PM
From: Stock Watcher  Read Replies (2) of 52051
 
Francois; on WCAP; 52 wk. range .90 - 13.12/last 7.25/gross revenues in 98': 1.1M down from 2.2M in 97'/6 months ending 9/98 income decreased to 426K from 576K in 97'/operating expenses increased for 6
months 9/98 to 576k from 507k in 97'/last info provided by company: 3 employees, 5M float.

Many write-offs and bad investments in 98' in SEC filings.

The GOOD NEWS; they have 3.6M in cash/now, if they could only find a growing, profitable business....there are better picks out there....
regards, sw
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