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Microcap & Penny Stocks : WestAmerica Corp. (WACC) -- Ignore unavailable to you. Want to Upgrade?

To: JOE TURMAINE who wrote (72)	3/10/1998 5:56:00 PM
From: t-bone	Respond to of 749

Joe, I think its all right in front of us. Many people just dont know about this stock and I think many took a bath last year. If they are trying to manipulate the stock, then they have already of failed. The manipulation would have come with the press release a week or so ago when they said they were ahead of schedule on buying the property, which is set for early May. Clearly the stock has not gone up on that. Like I have been saying, my only question is where are they getting the capital to finance this project. It seems great, and I think it is great, but without any money it is pretty difficult. This is what i am trying to find out from them directly. As soon as I get a response I will let you know. I think there is no doubt that if they actually buy the property the stock will go to .25. Lets all remember this is a potentially highly lucrative project, not just a few million, so I see a big upside. Lets give it a few months. I surely would not mind some sort of a statement in a few weeks by the new head guy Max stating where they are so there could be some momentum before the purchase of the land. t-bone