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Microcap & Penny Stocks : SBET interesting market

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To: Paul Schmidt who wrote (10)11/6/1996 11:19:00 AM
From: Dan Ross   of 26
 
Paul. This one is an easy doubler. I currently don't own any. My $ are tied up but I am going on-line trading here in the next 10 days. Then, I shall reevaluate the company.

The whole key to these sites are the following.

Low overhead
no huge fixed costs like Vegas

Pay for equipment and servers - that's it

These sites should get very popular in the near future and have the potential to go to the moon.

However, competition is not far behind. There is a company called Camelot gaming that is supposed to go online sometime in Jan. They claim that they will be opening a chain of on-line casinos with interactive 3-D gaming with translators so people of different backgrounds can talk to each other. I don't know how legit it is, but I definitely think they should be considered. I think Vegas will really begin to hurt by June next year as the economy slows and on-line gambling word gets around more and more.

Talk to you soon. Good luck & best returns

P.S. How many shares did you buy @ 1.75 -1000 or 10000. Sorry, actually, what % of your portfolio did you invest in SBET. Just curious since you must admit it is rather speculative, but the rewards are potentially huge!

Dan Ross
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