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To: ztect who wrote (19070)6/18/2000 11:45:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
WCAP has some holdings in solid Internet plays like CMRC, and the current price seems to have very little downside. This is one to buy and tuck away for months if necessary until the next pop. A 50% gain should come pretty easily in the next spike. It will be a small position since I haven't done any thorough DD on WCAP. Just looks like a nice opportunity.

ACRI - I don't know what they hold, but the latest data says they still trade at 2.5 times book. WCAP is trading under book value, hence the attraction.

WCAP goes into my "speculative investment" category.