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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TheAlaskan who wrote (15649)	11/24/1998 11:30:00 AM
From: Logistics	Respond to of 119973

WOW - WCAP is going to GO!! WCAP Winfield Capital I like to think of this company as the poor man's CMGI.....It is a publicly trade Venture Capital fund. WCAP's current claim to fame is their ownership of 7.6% of COOL (approximately 1.7 million shares). WCAP trades at a STEEP discount to the value of their COOL holdings, and can easily be valued at 1.67 mil shares COOL /5.02 shares WCAP outstanding or 1/3 (.33). This means WCAP should trade at 1/3 of COOL's price to fairly reflect the value of their COOL holdings. Currently with COOL trading $25, WCAP is worth $8.33, yet only trades $5 3/4. This gives the astute investor/trader (like ourselves) the opportunity to use BETTER information to make $$$. This means by buying WCAP at $5 3/4 , its like being able to buy COOL at 70% of its current price ($17.25). Now thats incentive enough to buy WCAP, but the story just gets better. WCAP being a venture capital fund is chock full of investments in many private companies (with IPO potential) the list includes but is not limited to the following. The 2 stocks that will be hot IPO's will be Worldgate and Commerce One. Worldgate is very similar to Web TV and will be a SMOKING HOT IPO, the only problem with these figures is that until they announce the IPO, the percentage owned in Worldgate could fluctuate. WCAP origionally invested approximately $2.5 mil in COOL, and their position is now worth $41 million, so the numbers could be huge for a much hotter IPO Worldgate.