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Technology Stocks : Point West Capital (PWCC)
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To: JWC who wrote (294)4/10/1999 2:51:00 PM
From: Bo Le  Read Replies (1) of 345
 
So far, PWCC moved because WCAP and CMGI on fire. But PWCC could start move on itself any day from now. FLAS now has about 180,000
subs. With the IPO money it got and new deal with Lycos, it is very possible their subscriber growth rate will go much higher. If they reach 1 million subs by the end of the year, FLAS could contribute to
about $300 million to PWCC's market cap. Adding other investments owned by PWCC, PWCC then could be a $100 plus stock, given the fact there are only 3.2 million PWCC shares outstanding.

If WCAP worth a market cap $250 million plus, PWCC could worth much much more than its current price.

BL
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