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To: james h. snyder who wrote (3487)	3/15/1999 4:24:00 PM
From: Dale Baker	Respond to of 118717

I'm not sure how long EPAY and WCAP will hold a gap up. The potential book value of WCAP's IPO's is limited, and EPAY only made about .20 profit last year. Suppose they double that next year; then they are worth about what the analysts set for a target, $45. This is a trading play right now. I had to restart and reset my L2 program more times than I care to remember today. If I wasn't so ready to get out of the office tonight I would have just stayed and traded from there.