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


To: bh who wrote (84)3/13/1998 9:31:00 AM
From: JOE TURMAINE  Respond to of 749
 
bh, I believe Boyar bought WACC himself. I don't remember the $ figure he told me, but it was somewhere between $2-5 million. He told me his plan wasn't to double his money but to get a 10x return. If he gets his 10x return because WACC is a SUCCESS then we should see similar benefits.
JOE



To: bh who wrote (84)3/13/1998 11:32:00 AM
From: JOE TURMAINE  Respond to of 749
 
bh, copy of my post from Yahoo early January of 317Reply "REASONABLY RELIABLE"jturmaine
Jan 6 1998
5:48 A.M PST
dj, I spoke with Dan Boyar for about 1/2 hour. He is the president of WACC and has a very large personal cash investment in
WACC. He told me that he didn't get into this to double his money, he spoke in terms of 10X his investment. I have seen the first
page of the revised shareholder info pack with real share numbers. If you believe 1/4 of what it says in the package and take
everything else with a grain of salt, throw in the location and the success of the Orlando timeshare business I believe that I will
make money on WACC this year. I have averaged down, but I still have my $6 3/8 shares too. (Obviously not someone who knew what
they were doing, but paying to learn!)
Joe