WCAP - Winfield Capital: Insider buying Message Board

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

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To: michel petit who wrote (852)	4/16/1999 7:56:00 AM
From: Bo Le	of 1305

I picked up some shares of WGAT at $29 plus change yesterday. Looks like the market was a little bit scared to internet stocks yesterday morning, but setiment turned just before closing. Comparing with recent internet company IPO, WGAT looks dirt cheap. On short side, I sold AMTD short. Both AMTD and SCH reported earning exceeding expectation, but both stock fall 10 plus points. It looks like a sure sign for me they are at the top. Could be wrong, though. Still remember the pain of shorting AMZN last year. However, I like to have both long and short position in my portfolio and feel it is balanced this way. Never sure which direction the market will go. BL

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