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Technology Stocks : Point West Capital (PWCC)
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To: Tibor who wrote (9)2/1/1999 7:48:00 PM
From: .com  Read Replies (1) of 345
 
Tibor,
You have to base your calculations on the number of shares PWCC will own and the value of those shares, not your guess of what FLAS's market value will be. The math doesn't lie.

Keep in mind the stock was less than $4 before the IPO announcement, so some of the news may be in the price already.

I am not saying that with a float of 600,000 that this stock won't trade up higher and go well above the actual value of the company. This will probably happen prior to the IPO and then the shares will come back down to reality. Heck, DBCC traded to 200% of the stock's actual value prior to the MarketWatch IPO. There have been many other similar stories.

This will probably the highest flying funeral parlor financing company in history.
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