WCAP - Winfield Capital: Insider buying Message Board

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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying

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To: d. alexander who wrote (683)	4/11/1999 11:03:00 PM
From: Tom Hua	Read Replies (2) of 1305

d., on WGAT, Some don't think it'll be hot though. WCAP has such a small holdings, it really doesn't matter. Regards, Tom biz.yahoo.com Excerpts: While the IPO calendar this week does offer a cyber-related deal, analysts said the offering from television-based Internet service WorldGate Communications Inc. may not see the usual fireworks. That is because the lead underwriter on the deal, Gerard Klauer Mattison & Co., is considered relatively low-profile compared to the heavy-hitting Wall Street firms that typically shepherd new issues to market, analysts said. ''They have a small underwriter leading the deal,'' said Ken Fleming, an analyst at Renaissance Capital IPO Fund. ''But this is a company that offers faster Internet services.'' WorldGate has filed plans with the Securities & Exchange Commission to sell 4.5 million shares at $12-14 a piece.

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