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Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future. -- Ignore unavailable to you. Want to Upgrade?

To: WTSherman who wrote (2682)	2/3/1999 6:26:00 PM
From: Life Coach	Respond to of 5300

WT, I agree with you that it would be best for WCTI to be fully reporting and on NASDAQ or close to being there before they split. However, in this case we are talking about an Internet company that is launching a search engine with the potential to be the next Yahoo. Thus, it makes sense to compare it with Yahoo and the short history of Yahoo's stock movement. Tiffany has every right to be excited because there is a very good chance that a stock split would greatly enhance the value of her investment both in the short-term and long-term. IMO its very cut and dry here, nothing to debate. If WCTI is successful as they are projecting to be, a stock split will most likely double your investment value within a relatively short period of time.

To: WTSherman who wrote (2682)	2/3/1999 6:32:00 PM
From: schweitz	Read Replies (1) \| Respond to of 5300

i agree, this split talk is scary. as i have posted previously, there seems to be a fundamental misunderstanding about what a split actually means among many of the retail investors/day traders who are controlling a lot of these internet names. people seem to think its the split that creates value in and of itself. a company announces a split and the stock gets bid up 10-20%. hey, its the fundamentals stupid! if the fundamentals don't warrant a 10% increase in the value of a stock then the split just created an overvalued stock. of course, most of the companies that are splitting their stock have things going in the right direction so the stock is going up anyway. but the split/stock up relationship is just correlation, not causation. forget about the split bs. if this company has the technology that everyone has been hyping then it will go up. thats all we need to know. my opinion. also, i don't necessarily think the comparison to yahoo is really valid. after all, yahoo is not really a search engine anymore. its a directory with a great brand name and a ton of relationships. yahoo outsources its search engine component (INKT) - they clearly don't think its what drives the value of their business.