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To: Bretsky who wrote (11857)11/8/1999 9:10:00 PM
From: Richard TsangRead Replies (1) | Respond to of 118717
 
Glad you got in WPNE. I am targeting a 50% by next spring, but I can be wrong (as I have been wrong many times). The volume is strong today and I expect some volatility going forward. We need to wait for the next earnings announcement before normal movement so we must be patient. At this point in time, I think the 50% is somewhat conservative. If it plays out as expected, it will have a long ways to go. JIMO.

Rich



To: Bretsky who wrote (11857)11/9/1999 12:56:00 AM
From: BretskyRespond to of 118717
 
Thanks for your comments Richard. Thought I'd copy and paste info on WPNE from the Random Musings Newsletter I receive. Now I'm NOT hyping or spamming as this is the ONLY place I'm posting this, but his viewpoints often mirror many on this thread with similar picks such as AREM, MGIC, and MSGI and I view him as another very good source of investing information. Here were his comments this weekend on WPNE.

Well, it looks like its time to point readers to what I think will be (or is) the next Magic Software discovery. With their pioneering Cu SeeMe
product, WhitePine software *(wpne) is poised for explosive takeoff. The stock has been running a solid climb from $1 to $8 3/4 over the last
12 months. 52 week high is 9. Its trying to take out the old high now, but will have a bit of resistance that wont last too long. The stock hit $9
back in April Internet Craze, fell back to 6, and is now climbing back towards $9. What I call a saucer with handle chart formation, often the
most powerful bases of which stocks fly off of to the upside. That said... the fundamentals and timing look even better. Some of you may
have heard of RealNetworks, formerly known as RealAudio. They pioneered Audio and now Video streaming over the net. Their Real G2
player is the defacto standard for viewing video and listening to audio over the web. Well, the valuation is also 8.8 billion for REAL. WPNE
has similar potential, current valuation is 93 million. Here is the chart link for starters...
host.cnbc.com

Ok, so the chart looks pretty... what else. Well, they just won "Best of Show" at the Internet Expo in October. Out of 600 entrants, only 6
winners were chosen, then Best of Show amongst them went to White Pine. The last company that won Best of Show at an E-commerce event
was Magic Software, back in March in Boston. The stock was also $9 per share and at a 52 week high. Magic is now $30 and still cheap. Get
the picture? Wait, it gets better... White Pine has won numerous awards, too many to mention for their software... see
www.wpine.com their website to get more details on this and what they do.

The Cu SeeMe technology allows ASP and ISP providers to provide on demand video-voice chat fully integrated into a website, without need
for download by consumer. This would likely be an explosive application should it become widely adopted. Apparently this company is 8
months easily ahead of nearest competitor in the space. Novell just signed on to use their technology, now that is huge. Yet no analyst
follows the company, just like Magic. Here is more info
biz.yahoo.com

My opinion is the company will likely turn profitable in q1 of 2000. I remember when REAL turned its first profit not long ago... As a few ISP's
and ASP' adopt this technology, the stock could run as high as $100 per share. Its currently $8 3/4. I bought today at 8 7/8 and plan to hold.
Its somewhat speculative, but Im a high risk taker. Do your own due diligence, and as always.... all my picks are merely for information, not
intended as recommendations to buy or sell.

Cheers
Dave
www.onelist.com/subscribe/smrm