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

To: David Wang who wrote (673)4/11/1999 9:36:00 PM
From: d. alexander  Read Replies (1) | Respond to of 1305
 
Thanks for the day & link. I was watching TURF come on last week, just for reference. It was expected to price on Tuesday, but it didn't, & didn't trade til Friday. So I don't know how definite Wednesday will be for WGAT until it prices. d.alexander



To: David Wang who wrote (673)4/11/1999 10:52:00 PM
From: Tom Hua  Respond to of 1305
 
WGAT is "IPO of the week" and WGAT will be big. WCAP will FLY..

David, I don't know how WCAP will react to WGAT. But here are the facts. WCAP owns 93,897 WGAT shares, divided it by 5.72 million WCAP shares on a fully diluted basis, and you can see how much WGAT will add to WCAP. If WGAT opens at $60, that will add about $1 to WCAP, not including any discount (It's so trivial, I won't bore you with the discount).

Regards,

Tom


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