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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: NYBellBoy who wrote (17465)	3/5/1999 12:05:00 PM
From: R Fish	Read Replies (3) \| Respond to of 122087

Bellboy and Thread, Take a look at PWCC. A $5.00 stock that has run up to over $23 (currently $17.00) due to a small amount of stock in FlashNet. Flashnet IPO's next week. Shares outstanding are 3.25 million. Small float though, 600,000. Earnings are -.69/share. For the 9 months ended 9/98 total income fell 43% to $2M. Net loss totalled $2M vs. and income of 1.2M (almost 700k is a gain on the sale of preferred shares and lower gains on assets sold are not included in this income figure of 1.2). This company provides senior secured loans to funeral & cemetery owners and acts as a small investment company. This information is from Market Guide. I would appreciate any thoughts on this as a potential short. Thanks, Fish