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


To: Lost1 who wrote (644)4/10/1999 8:38:00 PM
From: Tom Hua  Respond to of 1305
 
Lost, Blank and I are enjoying our success with IDTC (my largest position) this week.

Regards,

Tom



To: Lost1 who wrote (644)4/12/1999 8:18:00 AM
From: blankmind  Respond to of 1305
 
Lost1, I'm a CPA & a "valuation" guy - so my reasons for WCAP being a good buy may not contradict Tom's reasons for WCAP being a "good short play"

- I see WCAP as nothing more than a closed-end mutual fund.

- Right now, WCAP's inventory - the potential of it - far exceeds the net asset value of the stock price

- However, if today is the start of a bear market - & no more ipo's - and all current share prices collapse - then Tom's prediction of single digits comes true.