Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jon K. who wrote (756)	4/12/1999 7:38:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 1305

Jon, I e-mailed Bloomberg of the error. It has made the correction. Regards, Tom Winfield Capital Shares Gain 33% on Internet Optimism (Update1) Winfield Capital Shares Gain 33% on Internet Optimism (Update1) (Updates with closing share price.) White Plains, New York, April 12 (Bloomberg) -- Winfield Capital Corp. shares rose 33 percent, after the investment company said Friday it bought about $516,000 of common stock in Modacad Inc., a maker of 3-D software that recently began a new apparel e-commerce site. White Plains, New York-based Winfield rose 14 3/4 to 59. Officials of the company, which went public in October 1995, would not comment on the stock's rise. More than 4.5 million shares changed hands, more than six times the three-month daily average. Last month, Daniel Miller, a 15-year-old Teaneck, New Jersey resident who has drawn wide publicity for his Internet page that offers investment advice, told his readers to purchase shares of Winfield. Winfield has risen from 6 5/16 at the beginning of the year, gaining more than 818 percent and is up from 1 3/16 or 4,742 percent in the last 12 months. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.

To: Jon K. who wrote (756)	4/13/1999 12:44:00 AM
From: Tom Hua	Read Replies (1) \| Respond to of 1305

Jon, TheStreet.com also got it wrong about WCAP's purchase of MODA stock. The Tech Update published at 1:42 pm repeated the same Bloomberg error. "Also on the rise is Winfield Capital (WCAP:Nasdaq). The company last week bought $11 million in stock in ModaCAD, a maker of 3-D software that has a new apparel Web site. The stock was up 16, or 36%, at 60 1/4. " I just e-mailed TSC about the error. The correct figure is 47,000 shares at $10.98/share. Regards, Tom