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Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future.
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To: Larry Levine who wrote (4188)2/26/1999 3:59:00 PM
From: John Bissell  Read Replies (1) of 5300
 
That was a great post Larry! I love posts like that because they are informative and not just idle speculation. One post like that basically kills all the frenzy that realmoney and others try to generate. It also continues to validate that WCTI management is on the ball.

By the way, having dealt with VC's and Angels a lot as part of a software startup company, I understand that the expectation for a return is generally 10x their original investment in 2 to 5 years. That means that if they paid roughly $10 a share now, they are looking to cash in at around $100. Those are the investors expectations, and believe me they did their homework before comitting $15 M of their money. And these guys know their business--believe me. I've probably met with all the major VC's in the Menlo Park area and know Sandhill road like the back of my hand.

Keep those posts comming!
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