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To: Tom Hua who wrote (695)	5/31/2000 9:25:00 PM
From: Jon Khymn	Read Replies (1) \| Respond to of 790

>>As a matter of fact, this cash-rich and debt-free company will distribute a special cash dividend equal to 93% of its closing price today<< And which company is that? Is it too late now? You did it again Tom <g>

To: Tom Hua who wrote (695)	6/1/2000 10:37:00 AM
From: Bo Le	Respond to of 790

Tom, I am buying WCAP at this level. Why? same reason --- for its cash. Right now, its balance sheet shows about $1 per share in cash and $25 per share book value. That number will soon change to about $8+ per share in cash (IMO) because WCAP decided not to distribute its long term cap gain to shareholder but keep them in its book for future investment. Given the outstanding ROE rate WCAP had, I expect WCAP at least trade at its book value when the Nazdog return to normal. I feel the correction had run its course so I will not short anything in near future. Bo