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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying
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To: Tom Hua who wrote (497)3/19/1999 2:11:00 PM
From: robbie  Read Replies (2) of 1305
 
At least I use numbers to justify my assessment of WCAP's fair value.

From your earlier post: Other investments worth about $2-3. Fair WCAP value = $7 to $8.

Let me try that: Other investments worth about $20-30. Fair WCAP value $70 to 80. Since you justified your assessment I guess I've justified mine.

You also said you would go long WCAP in the low teens. If you value WCAP @7 or 8, my question to you is DO YOU ALWAYS PAY TWICE WHAT YOU BELIEVE TO BE FAIR VALUE FOR YOUR INVESTMENTS???????? If so, I've got several things I'd like to sell to you.

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Tom, you are a smart guy but I think there's more than a little doublespeak in your posts. It's never hard to tell what your position in a stock is. You remind me of some attorneys I know. You can take one set of facts, and for a fee can argue either side of the position with the same conviction.

Robbie
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