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


To: didjuneau who wrote (1240)6/17/2000 1:48:00 AM
From: brad greene  Read Replies (1) | Respond to of 1305
 
New Investors

Happy Day,

WCAP picked up a few more investors today.

Their NAV seems to be around $24.00 per share....with a large holding of Commerce One.

I believe 2 more of their 21 private holdings will be going public this month.

The Annual report will list all of their holdings and the value of each.......I wanted to be in prior to that publication. Last year it was filed on the 28th of June.

I believe you will see that the stocks in WCAP's public portfolio...(Commerce One, Juno, Cyberian Outpost....and so on) equal close to $30 per share......meaning that even without the 21 other private investments....WCAP is trading at 1/3 of NAV? Yikes!

How many mutual funds can you find that trade at 1/2 NAV...or more?

Jeeesh....and the internet sector is already close to or at some kind of bottom.......WCAP should be a rocket very soon. Consolidation and/or rebound will be good for WCAP.

Glad to be here.....

bg

ps. The Oil Business B2B website looks very cool.....major players participating. Check it out.