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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying -- Ignore unavailable to you. Want to Upgrade?

To: Diver who wrote (300)	11/19/1998 8:30:00 PM
From: Skip Leonardis	Read Replies (1) \| Respond to of 1305

World Gate does look interesting. June 10-K shows WCAP owns 140,846 shares so the basis is around $7. Haven't been able to find an IPO registration for World Gate. The only thing I can find is that they have contracts with various cable equipment co's (GIC, etc.) and that SRCM sued them for patent infringement recently. Certainly looks like they could be a hot ipo; not sure if it's BRCM quality but these days it doesn't seem to matter. Anyone have more info on them like IPO registration status, market share, etc.?