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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (10926)3/10/1999 12:03:00 PM
From: ayahuasca  Read Replies (1) | Respond to of 56535
 
I recommend folks take a look at VRIO (Verio). Volume is pouring in today. If anyone is interested I will post a bunch of info later. Just mentioning it now becasue I think is is exceptionally strong here.



To: Trader J who wrote (10926)3/10/1999 12:04:00 PM
From: MMK  Respond to of 56535
 
Trade;

out INSP @ 66...in at 64 5/8. Trying to not watch the screen because it's now 67 1/2! Oh, well. A profit is a profit.

TJ: WCAP isn't doing well today. Must have a fever...I will hold it though until the next news comes out on it and it will fly. Course may be a while because I usually need to sell them at a loss before they run up... LOL

MMK



To: Trader J who wrote (10926)3/10/1999 1:26:00 PM
From: R L  Read Replies (3) | Respond to of 56535
 
TraderJ,
You had the "reverse touch" on WCAP. You made this self-deprecating post when WCAP was right around 10 9/16 and it has since been as high as 11 11/16. I just need to work on interpreting your wisdom.:)

Regards,
RL



To: Trader J who wrote (10926)3/10/1999 6:10:00 PM
From: Jon K.  Read Replies (1) | Respond to of 56535
 
TJ, >>everything he touches goes from gold to lead.<<

LOL, not so TJ, it will change to "platinum"

I am in VVTV(11 1/4) and WCAP(11) today. (Yes, long not short<g>).
Here is a good posting on WCAP.
Looks like net value should be at least $15.

Nice post from WCAP thread: Message 8242842

... 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.