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Technology Stocks : Point West Capital (PWCC) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (77)2/25/1999 9:57:00 AM
From: RockyBalboa  Respond to of 345
 
Nice call...S-1 filed, DBCC, err, PWCC tanked.

C.

"Vrrooooo.."
>>>>>>>>>>>>>>>>>>>>


PWCC value.
by: DrDivine_4u
1470 of 1470
dhoot. There is an error in your calculus. You cannot add cash and the book value "twice". Hence wipe off $1.52 from the valuation. The cash is part of the book.

My alternate valuation is:

At $40, the value is $13.80.
Discounting for tax & liquidity reasons: -36% (thats common to holdings, like TSQD, former CCEE or WCAP, UIHIA, even taxfree
MALL.....).
yields: $8.832.
The book value applicable for the holdings of FLAS in PWCC =
1.78
Subtract this and you have
$6.05

Add: 6.65 entire book (note that PWCC lost money..)

Makes: $12.70 for PWCC at FLAS trading @40.
Makes $10+ for PWCC with FLAS @30...
Makes $18 for PWCC with FLAS @60..

Thats it, folks.


<<<<<<<<<<<<<<<<<<<<



To: Glenn Petersen who wrote (77)2/26/1999 10:03:00 PM
From: Tracy Moore  Read Replies (1) | Respond to of 345
 
PointWesters and FEMPSters have already made a ton of money off two big spikes on PWCC the last couple weeks- perfectly called at the $13
and $14 bottoms by the FEMPSters, BTW...

The scam IPO Report with loaded words like "overvalued" and using one of my catch phrases "easy money is over" hopefully lured in enough
shorts to really pop the stock when IPO week rolls around...

The FEMPSters are still here, like we have been from the
beginning... and the only thing left in this SHOW of SHOWS
is the GRAND FINALE... a "possible" short squeeze to $50...

Do the FEMPSters think PWCC is FAST and EAAAAAAAAAAAAASY
MONEEEEEEE here at $17? well, not exactly... the third, final,
and possibly most spectacular spike of this play CAN ONLY happen if enough shorts get lured in, trapped, and squeezed the next 2 weeks. Am I going to be a hero and bet the farm that it will go to $40-$50, no, but I'm keeping about half my initial investment in (almost all free money from the 2 spikes) to see what happens...

With this play the WILD CARD is not what the valuation analysis
or what stupid journalists say, it is the ONCE IN A LIFETIME chance
to backdoor one of the BIGGEST IPO's of the year with a

* 600k float * 600k float * 600k float * 600k float * 600k float *

One can analyze all they want, but throw it out the window...
as many shorties who over-analyzed and LOST BIG at DBCC found out- guess wrong and you gotta PAY THE FEMPSters... and who's to say PWCC's schrewd deals ain't worth $40?

And if PWCC POPPED a FLAS out, could they POP another one out when
you least expect it???

Sweet dreams, shorties...ACT 3 STARTS MONDAY...Its almost SHOWTIME!!! Most Pointwesters and FEMPSters are sittin on FREE SHARES waitin
on the BIG SQUEEZE... so it would come as no surprise that the short
whores who wrote the disparaging PWCC article at CBS Marketwatch and the S-1 filing could'nt tank PWCC this week... we just SITTIN HERE on the porch WAITIN with NOTHIN to lose and EVERYTHING to gain to see if the shorties MISCALCULATE the

* 600k float * 600k float * 600k float * 600k float * 600k float *

and end up gettin squeezed, and makin that last VRRRRROOOOOOOOOOMMMM
to the bank the BIGGEST ONE OF THEM ALL!!!

Do you feel LUCKY? Well DO IT then... MAKE MY DAY!!!

WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!
HAHAHA all the way to the bank with the MONEY TRUCK...