Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Trumptown who wrote (4111)	6/2/1998 12:47:00 PM
From: Micropicker	Read Replies (1) of 25711

News today on BETT. Betting Inc. (BETT) has released news today. BETT, like GLOW, WINR, etc. is eyeing the ATM internet gambling market. BETT is much cheaper than the others, so offers less risk. (8 cents) Neutral news was predicted today (it's here) and positive news was predicted within a week. If today is neutral, I can't wait for the next news. WHY BETT IS LIKE DIXS - Today's news states that BETT's system will be placed in "Shop While You Wait" terminals located in airports, and other high traffic areas. These terminals will be offering a variety of services, with gambling ATM being only one item. Think of it--just like DIXS, BETT was found a "free" host for it's service. BETT doesn't need to set up it's own costly ATM machines--that means LOW OVERHEAD and BIG PROFITS. Since the terminals will be used for a variety of things, more businesses and locations will want them installed, rather than face the "politically correct" crowd with a gambling-only terminal. BETT is partnered with UCMP, who yesterday announced an agreement with Checkfree. Once testing is completed, BETT will have 60,000 or more customers and instant revenues.

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