David ..I don't know if you should read this,again this what I found
in my e-mail not writen by me.It may all be hype but Im passing it
along anyway
Cussy thanks for your two cents
PRO TRADER INTELLIGENCE ALERT
Flying Disc Entertainment (FDCD:CDN OTC)
19-Sep-97 Close: 0.28 CDN Volume: 1,384,000
Flying Disc has come out with the critical release that the market has
been waiting for, and it was obviously very well received. The release
came out at approximately 4:15pm, and the stock continued to trade strong
through to 4:52pm. Everything is pointing to a sustained run for next
week; and a huge year for Flying Disc (soon to be named Software Gaming Corp)
I understand that the company has two more news releases to come
out next week, both largely anticipated by substantial buyers. The company
is well on it's way to becoming another gaming success story with at
least one license behind it. I have been hearing that there may be other
licenses on the way - this will most definately add fuel to the fire.
On Friday, the equity reached a critical point in its life, where solid
fundamentals have been given a green light. They have secured a gaming
license from an offshore licensed gaming company. The stock traded record
volume of 1.38 million on Friday signalling a potential break out in
price. After Fridays release, I feel that the risk/reward ratio at these
levels is almost negligable.
Unlike mining plays which offer tremendous upside but huge downside as
well, Flying Disk has something concrete on which it can build on from here
onwards. Keep in mind that CryptoLogic (CRYP:CDN OTC) has a market cap in
excess of $200 million, and Great Canadian Gaming (GCD:VSE) has a market
cap in excess of $40 million.
It is obvious that FDCD has tremendous upside potential. It also seems
that management has not been entirely focused on promoting the stock,
presenting a great opportunity to accumulate a position at extremely
undervalued prices. I anticipate a strong promotion to begin strongly upon
the name change after the shareholders meeting (September 29th), followed
by further sharp price gains.
Flying Disk has also stated it's mission to be in business by the end
of October. The company's corporately agressive, technically anti-promotional
approach can be seen in the simple 6-line news release. Smart money was seen
snapping up shares all day on Friday.
Management has been very busy in the past few weeks negotiating other
deals and has obviously had no time for taking care of the market. Once they
find the time and are ready for a secondary financing, you can bet that the
stock won't be trading at these cheap levels for long which I suspect will
happen very shortly; perhaps already underway.
Having said all that, I still feel that the stock is very undervalued,
when compared to the potential revenue stream (on top of the current one).
Once FDCD begins trading above $1.00 a newer, more sophisticated following
will materialize. This is still a fairly underfollowed stock. I anticipate
that as the word continues to spread through the street, the stock will continue
to make it's climb to a more realistic value.
FLYING DISC ENTERTAINMENT INC ("FDCD-Z")
- Secures Gaming License
Don Ross, President of Flying Disc Entertainment Inc. is pleased to
announce that its wholly owned subsidiary, Interactive Processing Corp.,
has secured a gaming license from an offshore licensed gaming company.
"We are well on our way to meeting our stated goal," says Don Ross,
President of Flying Disc, "which is to be in business by the end of
October."
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Copyright (c) 1997 Pro Trader Intelligence (PTI). ALL RIGHTS RESERVED. The
information contained herein was obtained from sources believed to
be reliable but the accuracy and completeness of it is not guaranteed
and in providing this information, PTI will assume no responsibility or
liability. This report is for your convenience and information and is not a
solicitation to buy or an offer to sell the securities mentioned herein.
Companies reviewed should be considered high risk and extremely speculative
investments with a high degree of volatility.
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