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Microcap & Penny Stocks : WCEC - West Coast Entertainment Company

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To: Blitz who wrote (49)5/19/1999 11:30:00 AM
From: SIW  Read Replies (1) of 60
 
Internet valuation?

West Coast in addition to being a growing offline store chain is a legit internet retailer now. Soon, the valuation will come...Suppose we see a price of $7 a share...this gives WCEC a paltry $100 Million market cap, and it's currently trading at .50!??!?!?

Compare this to other online retailers. CD-NOW (CDNW)@$19 has a $338 Million market cap and Hollywood Entertainment (HLYW)@$25(offline retailer that also owns Reel.com) with a market cap of $1.1 Billion.

Looks like WCEC might be headed back to the NASD.
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