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


To: VINCENT MALGAPO who wrote (78)12/29/1998 7:54:00 PM
From: Daniel Miller  Respond to of 141
 
Hey, who got that information on CNBC! I thought I was the only one who knew.



To: VINCENT MALGAPO who wrote (78)12/29/1998 8:10:00 PM
From: steveK.  Respond to of 141
 
Vince-that's my post on Raging Bull.It's actually info I was passing on from earlier WCTI post on SI.Check some of Danny M's post's re:interview with Dan Lunt(CEO).Some good info there.Just my three cent's but I bought after telephone conversation with Mr.Lunt.Very impressive business mind and extremely cordial given the nature of his business right now.I remember he mentioned three different revenue streams:1)Advertising on-site(eventually),2)licensing fees(international)and 3)E-commerce.I'm sure there are others as well.WCTI will need money by mid 99.I believe they have less than 1Mil in cash with a burn rate around 75,000 per month.If the timing of Nasdaq listing coincides with a secondary offering or private placement,well...or Lunt offers a piece to...or restricted deal with...I guess you could say some decisions are yet to be made.Oh,by the way,Notseinfeld and I are doing our part on Raging Bull,and I will update this thread with any new info or relevant DD when possible.I also believe there are some good posters here.

Happy Returns and Happy New Year-

SteveK.-