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Microcap & Penny Stocks : WMCLQ (OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (3)	11/6/1998 7:11:00 AM
From: JSB	Read Replies (1) \| Respond to of 16

It looks interesting. I'd like it more if I could find any information on it. Going to search some more. Regards, Jeff

To: EL KABONG!!! who wrote (3)	11/6/1998 9:40:00 AM
From: Pe@cockm@n	Respond to of 16

The current management has been in place for several years and they saved the value for the shareholders by placing WMCLQ in bankruptcy to give WMCLQ the needed time to maximize the value of WMCLQ assets. By having the bankruptcy case dismissed WMCLQ will preserve the NOL of $224 million and shelter future taxable income. Current management has done a great job of turning this company around in less than 2 years and rebuilding there cash position from $1 million to approximately $117 million on 9/30/98.