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Microcap & Penny Stocks : WCEC - West Coast Entertainment Company -- Ignore unavailable to you. Want to Upgrade?

To: Roman S. who wrote (20)	1/8/1998 12:02:00 PM
From: Bigpoppabass	Respond to of 60

I would suggest you wait until mgmt. buys shares. At these levels, the valuation of the stores is simply too cheap (see previous posts). If mgmt. does not step in and buy shares at these levels considering the valuation, then one cannot probably expect the co. to make any money for shareholders.

To: Roman S. who wrote (20)	1/14/1998 10:58:00 PM
From: Bigpoppabass	Read Replies (1) \| Respond to of 60

I e-mailed investor relations and received a reply that co. insiders hold 45% of WCEC's stock, and that blackout periods prevented insiders from purchasing more shares. Insiders can't buy more shares before a bond offering etc., because their purchases could be construed as manipulating the market, especially if the co. immediately goes sour after a successful offering. The explanation makes sense. You can e-mail the co. at investor@moviebuff.com if you have any further questions.