ADVV (Advantage Technologies) - formerly CSIN Message Board

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Non-Tech : ADVV (Advantage Technologies) - formerly CSIN

ADVV 0.750

0.0%

Sep 27 5:00 PM EST

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To: michael john stout who wrote (284)	6/23/1999 8:22:00 AM
From: Whisperer!	Read Replies (1) of 483

The way the company claims $1.50 per share in earnings is based on established Online Casino percentages. It is likely that CSIN's initial website will start to gross $3-5 million per month. There take on the action is 15% of that or as much as $750,000 in net per month. Multiply that by 12 and you get $9 million. The company only has 6.1 million shares issued...so that translates into approximately $1.50 per share in earnings. That calculation is of course based on one casino. CSIN already announced the acquisition of another casino from SNMM. That casino's numbers about the same. That would give CSIN the potential for $3.00 per share in earnings. So, CSIN stating a $1.50 in first year earnings is very possible IMHO.

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