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To: STEAMROLLER who wrote (1250)7/31/1998 9:47:00 AM
From: Gator  Read Replies (3) | Respond to of 119973
 
***SPECIAL SITUATION (Must be quick!!!)*** WCAP (Winfield Capital)

WCAP owns something like 1.7 million shares of Cyberian Outpost (COOL) which is coming public today. COOL is expected to be hugely successful IPO (already the price was raised last night to $18 from initial range of $13 to $15). Street is actually expecting COOL to open $5 to $20 points higher than that. People that can't get in to COOL are buying WCAP to get in on the IPO indirectly. WCAP was at $12+ yesterday, dropped down under $9. Already over $10 today, people expecting $15-$18 or higher, depending on how hot COOL gets.

Gator