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Microcap & Penny Stocks : DavidCG's Hangout -- Ignore unavailable to you. Want to Upgrade?

To: DavidCG who wrote (56)	5/21/1999 1:44:00 PM
From: DavidCG	Respond to of 69

PRMC did hit .53 before coming back. Long term this should be fine. But for the short term penny holders, congratulations. Also, looks like the "revised" OS and float is 7 million and 3 million as per the PRMC message board. I got my original figures from www.marketmanagement.com -DavidCG

To: DavidCG who wrote (56)	5/21/1999 1:45:00 PM
From: DavidCG	Respond to of 69

You got SWS from here, you got NITE from here you got NDB from here. What's next? Read the next message to find out (aren't you all excited?) -DavidCG

To: DavidCG who wrote (56)	5/21/1999 2:03:00 PM
From: DavidCG	Read Replies (2) \| Respond to of 69

JWG is NEXT. My near term Target is $30. Currently $15 15/16 x $16 JWG is JWGenesis Financial Corp. Currently they are a retail brokerage, clearinghouse, investment banker all wrapped into one. PE is 11 currently. Now the goodies! They are selling their clearinghouse side of their business for $58 million dollars CASH That's $58 million CASH spread out over their 5.7 million shares! They ALSO own 150,000 shares of NITE! Last quarter EPS was .60! vs .30 last year. Downside: no online brokerage but profitable retail brokerage side. The FUTURE: Let's think. They are a brokerage about to receive a windfall of $58 million in cash. That is a lot of money to do something with. I believe they will either start an online brokerage OR do a WCAP/CMGI and jumpstart their investment banking side of their business into launching IPO's Either Way, JWG shareholders win Get on board before this LAST brokerage play slips on by. -DavidCG