buying GOCA here 1 15/16 and 2. I think it went as high as 6 in the last few days on the following news, released on Feb 4. I am expecting more good news coming.
GOCA.COM Announces $2,079,338 in Record [.23666]
E-Commerce Revenues for January 1999
NEW YORK--(BUSINESS WIRE)--Feb. 4, 1999--Go Call Inc. (OTC
BB:GOCA) Thursday announced that its Internet casino licensee has
experienced record wagering revenues; its Banner Ad Network now
registers more than 111,000 impressions per day with 6,734 Web sites;
and its INDEXUS(TM) comparison-shopping search engine is in the final
stages of development.
Go Call Inc.'s e-commerce division which processes transactions
for the Go Casino, (www.gocasino.com), has experienced record wagering
revenues of $2,079,338 for the month ended January. This is an
increase of more than 100 percent from the previous month.
Since its inception, on Sept. 11, 1998, Go Casino's 3,100 players
have wagered more than $4 million. Go Casino's success can be
attributed to its aggressive marketing campaign that includes a free
Caribbean vacation, at Go Call Inc.'s wholly owned Margaritaville
Resort in the Dominican Republic, to all new players at the Go Casino.
Gaming research analysts predict online gaming to become a
$25-billion-market by the year 2002. Go Call Inc. is following the
success of its competitors within the Internet gaming market, which
include Cryptologic Inc. (TSE:CRY.TO), GLC Limited (Nasdaq:GLCCF),
Starnet Communications International Inc. (OTC BB:SNMM), and GIC
Global Corp. (OTC BB:GGNC).
Ian Smith, president of Go Call Inc., stated, "We are very
pleased to announce record wagering revenues for the month of January
which have surpassed both company expectations and industry
standards."
Go Call Inc.'s advertising division, Go Banner Ad.com,
(www.gobannerad.com), now has an advertising network of 6,734 Web
sites and records more than 111,000 impressions per day.
Small businesses and Web site owners use Go Call Inc.'s Banner Ad
Network to build exposure on the Internet and extend their online
customer base. Link Exchange Inc., (www.linkexchange.com), a direct
competitor of Go Banner Ad.com, was recently acquired by Microsoft
Corp. (Nasdaq:MSFT) for $250 million.
In addition, Go Call Inc. is in the final developmental stages
with INDEXUS(TM) (www.indexus.com), a comparison-shopping search
engine. INDEXUS(TM) is a cross between an Internet search engine,
similar to Yahoo (Nasdaq:YHOO), Excite (Nasdaq:XCIT) or Lycos
(Nasdaq:LCOS), and a shopping site such as Amazon (Nasdaq:AMZN) or
E-Bay (Nasdaq:EBAY).
Once development is completed, online shoppers will be able to
compare prices on more than 30,000 different items and purchase goods
in their own local area, including refrigerators, stereos, computers,
cars and airline tickets.
Go Call Inc. (www.goca.com) is an Internet, e-commerce and
telecom company and will become a fully reporting issuer in the first
quarter of 1999.
The statements in this news release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities and Exchange Act of 1934 and
are subject to the safe harbor created by these sections.
--30--kwp/la* tjm/la
CONTACT: Go Call Inc., Cambridge, Ontario
Ian Smith, 519/651-2121
iansmith@goca.com
www.goca.com
KEYWORD: NEW YORK
INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMED
ENTERTAINMENT
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
Feb-04-1999 13:12 GMT
Symbols:
US;GOCA
Source BW Business Wire |
