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Technology Stocks : WordCruncher Internet Technologies, Inc. (WCTI) -- Ignore unavailable to you. Want to Upgrade?


To: ICANPIKM who wrote (254)12/6/1998 12:43:00 PM
From: Mags  Respond to of 488
 
You are absolutely right, their revenue model has them licensing their technology to other search engines. I was at their investors conference in Baltimore a few weeks ago where they described how they planned to bring in revenue. I was a little disappointed to here that they might be planning to become a portal, in my opinion, that would be a costly mistake there are other that are already too far ahead. I think the real money for WCTI is in the licensing revenue to other search engines as well as to corporations for searching and indexing their intranets. Also there is a strong possibility that this company will simply by taken over by one of the big guys down the road. I got in on this guy at 1.75 and sold at 5 during the first and second days of trading as a pure trading play. I have been watching and waiting ever since for a good level to get back in because this is actually and incredible value play. There was obvious institutional buying over the past 3 weeks we shall see how next week plays out.