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Strategies & Market Trends : Wire to Wire Daily Stock Picking

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To: Katie Kommando who wrote (2184)7/23/1999 11:41:00 AM
From: The Saint   of 3514
 
Can I put BB:CSIN in for Monday I think it will GAB big time NEWS please read

Greetings. Today the coldstocksteam presents to you Casino Pirata. (OTC BB:CSIN) at 1.4 $

The float is VERY low: 2.3 million.

We are very favorable towards this company as there might be good news to be released very soon. The rumour goes that this news might be about csin getting involved in software development this should give CSIN a huge advantage in the marketplace against its competitors

CasinoPirata.com announced that June website hits to www.casinopirata.com have already more than DOUBLED May's hits. The Company's casino is ranked Number One on GOTO.COM INC and in the top ten on the Microsoft search engine. Paul Stringer, President, has publicly stated that he expects first year operating net income to be in excess of $1.50 per share, which would obviously justify share prices to be trading considerably higher than the current price of around $1.00 per share.

We have a very strong Buy on CSIN for near term, intermediate term, and long term. If Mr. Stringer is only half right on his earnings estimate and CSIN earns 75 cents and you apply a reasonable PE multiple of 20x, that puts the projected price at $15 in twelve months + or -. THAT'S 15 TIMES THE CURRENT PRICE! First Month Wagering Revenues (MAY 1999) for www.casinopirata.com (OTC BB:CSIN) were $220,000 and the site has received over 200,000 hits so far. CSIN is off to a great start. Paul Stringer, President, has predicted that earnings per share for CSIN's first year of operations would be in excess of $1.50 per share.

CSIN is also partners with one of the most complete sports information sites on the Internet

We really think csin is going to go up after the news is released

short term target: 3 $

long term target :10 $
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