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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying -- Ignore unavailable to you. Want to Upgrade?

To: Jon Scott who wrote (365)	3/8/1999 2:24:00 PM
From: .com	Respond to of 1305

This is why WCAP is up! They now have several companies who have filed upcoming IPOs. Monday March 8, 12:41 pm Eastern Time Winfield Capital portfolio firm files IPO WHITE PLAINS, N.Y., March 8 (Reuters) - Small business investment firm Winfield Capital Corp. said Monday an Internet service provider in its company portfolio, Juno Online Services Inc., filed for a proposed initial public offering of its common stock. The terms of the public offering have not yet been disclosed. Winfield said these securities may not be sold nor may any offers to buy be accepted prior to the time the registration statement becomes effective. Juno offers service ranging from basic dial-up Internet e-mail, which is provided to the end user for free, to full access to the World Wide Web. Juno's revenues are derived primarily from subscription fees charged for certain billable services, the sale of interactive advertising, and from direct sale of products to Juno subscribers. Winfield Capital has purchased about 1.2 million shares of preferred stock of Juno which are convertible, currently on a one for one basis, into shares of common stock of Juno. The company's shares were up 7/8 at 11-3/8 in Nasdaq trading Monday morning.