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

To: Tom Hua who wrote (716)	4/12/1999 11:20:00 AM
From: blankmind	Read Replies (3) \| Respond to of 1305

Tom - I hate internet stocks in general - like Priceline (PCLN) - I think will tank - But with WCAP - they have hard assets - This week, for instance, Janney Montgomery is doing an ipo called Worldgate (WGAT) - which is suppose to be a home run. - With only 5 million shares o/s; if the deal boosts the privately held shares by $200 mill - that's a $40 increase per share to WGAT - Sorry if I'm talking like a bean counter - But this isn't rocket science. - A $5 mill boost in net asset value; drives the price of WCAP up $1 - A $200 mill boost drives stock price of WCAP up $40 - And a $billion dollar deal... would drive stock price up $200 per share - can someone check & see how many shares of WGAT that WCAP has? thanks.