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Microcap & Penny Stocks : Lose your money FAST and EASY in Penny Stocks.

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To: RockyBalboa who wrote (4)2/25/1999 10:41:00 PM
From: peter xutra  Read Replies (2) of 17
 
I disagree with the piece on marketwatch.com, which puts a negative spin on PWCC. PWCC went up because it was undervalued. There is nothing wrong with making a killer investment and reap the profits. PWCC made an investment on FLAS. FLAS turns out to be very good and goes for IPO. PWCC realizes the profit on its investment. There is nothing wrong with that whatsoever!!

Let's don't forget that there are other investments PWCC makes. Its market cap is only at 53.7 mm. People (a couple of small time money managers in this case)who have made negative comments did that because they are unwilling to see investment companies like PWCC gain huge, and they might have shorted the stock! They could have a conflict in interest and that is why they say what they say. End of story. It is as simple as this.

We, people who are long on PWCC should realize that underlying fact have not changed: PWCC is undervalued because of its stakes in Flashnet. And we should not change our outlook based on other people's wrongful opinion.

There are plenty of upside left in PWCC. You bet I will continue long PWCC!
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