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


To: NYBellBoy who wrote (17494)3/5/1999 12:47:00 PM
From: timers  Read Replies (2) | Respond to of 122087
 
Curious if any of you got short positions in MZON around christmas on the run to 59? What did you guys get in at? Did you get trapped in mid afternoon when it went from 30's to 59? I wasn't at this board then.



To: NYBellBoy who wrote (17494)3/7/1999 11:17:00 PM
From: peter xutra  Respond to of 122087
 
The quarterly loss was not meaningful at all for PWCC, because it was due to the special charges and reserves charges. As a venture capital firm, PWCC isn't properly valued until Flashnet goes public, and PWCC's stake in FLAS becomes "marketable securities". Matter of fact, that was stated in the company's press release.

There is more. PWCC has warrants to buy 119,000 HMSK (Homeseekers.com) at $2.5 to 3.5 a share, which could bring big profits considering HMSK being the leading content and technology provider of online real estate commerce (15mm hits per month).

With everything factored in, PWCC has a lot more rooms left to go up.