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Non-Tech : The WOLF PACK

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To: Barry K who wrote (690)	5/19/1999 12:00:00 PM
From: Spark	Read Replies (1) of 1692

WCEC...found this little post.. To: Blitz (49 ) From: SIW Wednesday, May 19 1999 11:29AM ET Reply # of 50 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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