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Technology Stocks : Point West Capital (PWCC) -- Ignore unavailable to you. Want to Upgrade?

To: Parnell who wrote (177)	3/15/1999 10:11:00 PM
From: MrThesp	Respond to of 345

Unique thing about PWCC... With such a tiny float and huge short I wonder if it won't behave differently than others affiliated with Inet IPOs. Also, the fact that PWCC owns approx 1/3 of the FLAS IPO and ASND owns another 1/3, wouldn't that mean that only around 1 mil shares of FLAS will be available for the float? If so then FLAS should go straight through the roof and take PWCC with it. If these numbers are correct this is gonna be crazy! And tough to call.

To: Parnell who wrote (177)	3/15/1999 10:36:00 PM
From: peter xutra	Read Replies (1) \| Respond to of 345

PWCC may not fall after the FLAS ipo. It never had a huge run like mall and dbcc did. Lot of people are anticipating the same patten to happen and they sold or short sold already. But lookout, PWCC may not drop afterall. It is a very attractive value because of the investments it made. FLAS is only one of them. If longs hold on and fight with shorts, shorts will forced to cover and PWCC will move higher, and that is where it deserves to be.