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Technology Stocks : Point West Capital (PWCC)
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To: Parnell who wrote (177)3/15/1999 10:36:00 PM
From: peter xutra  Read Replies (1) of 345
 
PWCC may not fall after the FLAS ipo. It never had a huge run like mall and dbcc did. Lot of people are anticipating the same patten to happen and they sold or short sold already. But lookout, PWCC may not drop afterall. It is a very attractive value because of the investments it made. FLAS is only one of them. If longs hold on and fight with shorts, shorts will forced to cover and PWCC will move higher, and that is where it deserves to be.
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