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

To: Sir Auric Goldfinger who wrote (376)	3/9/1999 10:19:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 1305

Auric, I just joined the long club here. Before I try to do all the math, is your target here high teens or do you see CMGI-like growth ahead. I have been in CMGI for a while and it's a veritable cash machine. Wouldn't mind another.

To: Sir Auric Goldfinger who wrote (376)	3/9/1999 3:52:00 PM
From: Fred Mussler	Read Replies (1) \| Respond to of 1305

No math to do right now- you're right value seems to be higher, but this looks to be a TRADERS market right now. Back in at 10 13/16 and watch our tails, and the chart. ROWE.com lost a ton last year, and we don't know what it'll do. WCAP will certainly trade up again,but don't know the short position and the 144's will keep it in a trading range. My guess 10 5/8- 12 1/8 , and we'll not see the 12 1/8 so figure the bid to go 11 3/4 highest for awhile. And remember we're in a very good market right now . Careful! Fred PS Check the ton of 144's awhile ago for COOL and WCAP.

To: Sir Auric Goldfinger who wrote (376)	3/10/1999 10:42:00 AM
From: Tom Hua	Read Replies (4) \| Respond to of 1305

Auric, as you know, among the numerous companies that WCAP has equity interest, 2 has gone public (COOL, ROWE), 3 have registered for IPOs (JUNO, Worldgate, Mpath). Let's just look at how these issues contribute to WCAP's intrinsic value. Company Shares owned Price Value ($MM) ------------------------------------------------------------- COOL 1,464,000 19 27.8 ROWE 153,676 28 4.3 JUNO 1,178,304 25 29.5 Worldgate 140,846 25 3.5 MPath 227,273 25 5.7 -------------------------------------------------------------- Total: 70.8 Note: Prices for Juno, Worldgate and MPath are conservatively estimated With 5 million shares common stock outstanding, the value in these 5 companies add $14.2 per share to WCAP. Of course WCAP has equity investment in many other companies, plus a portfolio of loans made to small businesses. There's no question WCAP is very undervalued at this time. Regards, Tom