Great Info
To all those asking if it is too late to get in. With a PE that is still less than 10 (compared to EBAY's 7,800 or CMGI's 167) it is still a bargain. If you look at the investments they have they have made a 1,000% gain with COOL and 450% gain with ROWE.
MPATH and WGAT scould be as high.
When WCAP gets to $100 and splits does it really matter if you paid $44 or $38 a share. They have eight great holdings that we know of. As the stock grows the ability to invest grows. As the price grows the attention grows and the demand grows. If you believe that they have a sound business plan and good investments join in. If you don't watch it continue to rise and occasionally fall (only temporarily we believe AND hope)and collect your 4.5% a YEAR from the money market fund.
Here are SOME of WCAP's holdings:
PUBLIC CO's:
-ROWE - 153,676 shares at $9.76 cost basis (sells for 43 3/4)
-COOL - 1,330,458 shares at $1.85 cost basis (sells for 18 5/8)
This is 9.2% of COOL's outstanding stock.
-COOL -134,736 Warrents with an excercise price of $2.65
Upcoming IPO's:
-MPTH (MPath - upcoming IPO)227,273 Convertible preferred shares at $6.60
-WGAT (Worldgate - Upcoming IPO - cable internet provider)
140,846 Convertible preferred shares at $7.10
-JWEB (Juno Online - upcoming IPO - ISP,
18th most visited site on the web)
1,178,304 convertible preferred B shares at $1.4246843
Also have investments in TeraStor which
specializes in data storage, was named one of the top 50
private companies in the nation by Red Herring:
redherring.com
Also has investment in Commerce One:
commerceone.com
Here are a couple of more sites you can
visit.
ALL THE INFORMATION YOU EVER WANTED ABOUT WCAP
dailystocks.com =Search
Here is a site that shows how
powerful Juno Online is (18th most visited site on the
web):
mediametrix.com
Here is what these companies do - briefly
COOL - sells computer products over the internet (like ONSL)
ROWE - handles business's journalistic needs via the internet
JWEB - ISP, which is the 18th most visited site on the net
WGAT - Cable internet service and boxset provider
MPTH - Software for online communities and online games
Terastor - builds high volume storage devices
CommerceOne - Business to business e commerce on the net
- clients: Schlumberger, MCI, BT(british telecom)
-MODACAD - new holding announced today. 47,000 shares at $10.98375 and 39,166 shares convertible at $13.18 and 16,450 shares convertible at $13.72. Today's close: $14 a share
There are more holdings, but these are some strong
ones. |
