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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Nazbuster who wrote (15517)3/1/1999 12:27:00 AM
From: Glenn Petersen  Read Replies (2) of 122087
 
PWCC has held relatively steady since Flashnet filed its amended S-1 and gave its first thoughts on the pricing of the deal. PWCC may move up a bit in anticipation of the Flashnet IPO but the stock appears, IMHO, to be overpriced at current levels. Like MALL and DBCC, PWCC will probably fall like a brick on the actual date of the offering. I think that the following analysis, which does not even factor in a post IPO discount, still holds true: Message 8021946
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