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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (1131)	12/21/1999 10:37:00 AM
From: Top Jim	Read Replies (2) \| Respond to of 1305

WCAP owns 261,846 shares of JWEB. See post #1120 for more holdings info. Prio will convert to 13,209 shares of INSP in Q1 (pre-INSP split on 1/4/00). After huge runs in CMGI, ICGE, and LDP, it would appear WCAP is being discovered. Congrats all longs, TJ

To: wlheatmoon who wrote (1131)	12/22/1999 12:49:00 PM
From: John Pitera	Respond to of 1305

Mike, As you can see I am reading up on WCAP. here is the WSCITY.com quick report on WCAP WCAP is a non-diversified company that elects to be regulated as a business development unit, a type of closed end investment company. Using SBA funds, WCAP lends to and makes investments in small businesses. For the 6 months ended 9/99, revenues fell 13% to $370K. Net loss totalled $2.6M vs. income of $7.4M. Revenues reflect lower earnings on invested idle funds. Loss reflects a drop in the market price of three publicly traded securities in the portfolio.