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

To: d. alexander who wrote (526)	3/22/1999 12:14:00 AM
From: Tom Hua	Read Replies (3) \| Respond to of 1305

March 19, TheStreet.com Winfield Capital, meanwhile, has added 64% or almost $80 million in market cap since the March 9 IPO of RoweCom (ROWE:Nasdaq), he said. Yet, with RoweCom trading around $30, Winfield's 135,000-share stake at $1 per is worth about $4 million. "If find it hard to justify a stock doubling based on that," Hyman said. "It's completely opposite of traditional theory of how to value this kind of stock and that's why the potential for decline is always there. Logic is being thrown by the wayside."