To: Bretsky who wrote (523 ) 3/21/1999 11:27:00 PM From: Axxel Respond to of 1305
This might help-here is most of it...FYI-from the Newsletter: "We are recommending the immediate accumulation of small-cap Winfield Capital [WCAP-17 15/16]. Here is the company's press release from a few days ago and the stock doubled to an intra-day high of $25 up $13. Since then, the stock has given back most of that blast and we are now recommending purchase on this pullback. We are hoping that there will be some continued price deterioration in the near-term so that we may acquire at more attractive prices. We recommend that you do your own analysis of the company and we, for one, have not completed that ourselves at this point. Add to this the fact that the original underwriter had a less than sterling reputation and we have a very mixed bag here. There are a number of other internet-related equities that this company owns various pieces of and some of them are coming public. From a speculative point of view, we are recommending accumulation of WCAP here and on any further pull back toward the base at $12. It is typical that these stocks give back usually at least 50% of the move [we have that already at 17 15/16] to 90% of the move and that would take us under $15. But the thin nature of the stock and the fact that they are bringing cash to the bottom line suggests that we want entry here and we have no fear of buying on any break of $15 to further increase positions. The COO of the firm just filed to sell about 145,000 shares…so take that into account [not a killer to us]." AXXel IMPORTANT DISCLAIMER ADDITIONAL INFORMATION IS AVAILABLE UPON REQUEST. Caution is made to not take investment action based upon this comment alone. This stock comment may be an excerpt from the Axxel Knutson's VTAR™ Newsletter [Volume Trade Analysis Research ™]. There are important disclaimers and additional information that investors may want to avail themselves of prior to taking any action based upon this comment. The writer will not, usually, update you on changes in opinion. The Axxel Knutson's VTAR™ Newsletter [Volume Trade Analysis Research ™] is published [free] 3/4 times a week and is given to various web sites and to individuals who request it. There are no charges and it is not supported by advertising of any kind. Fees are not accepted for inclusion into the newsletter from any entity including the websites. The writer, or any family accounts that the writer may have an interest, does not invest in the same stocks that are included in the newsletter. If you would like the rest of the newsletter, so that you may obtain additional information and possible updates, email me at stockopn@webspan.net; tell me your name [I want to know to whom I'm speaking-you know who I am], email address, the city that you live near and how you heard about it. If you ever want off the list, just say so. My lawyer, who has no personality whatever and is considered by nearly everyone a real jerk, makes me say all this stuff.