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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 5:00 PM EST

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To: Matt Brown who wrote (1809)6/18/1999 6:33:00 PM
From: CPA/CFP   of 5041
 
I found your chart analysis on GOCA very interesting . Get this. On June 16, Youbet (UBET) moved trading to the NASDAQ National Market. On June 17, Ing -Baring initiated coverage with a strong buy recommendation and a year-end target of $45. (Presently around $14).Estimates are that UBET will show a loss of $20.8 MILLION in 1999 and a profit of $3.7 million in 2000. By way of contrast, GOCA could be profitable as early as this next quarter. Once GOCA becomes fully reporting, the sky's the limit. At today's price it appears grossly undervalued. Do you agree?
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