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Non-Tech : ISWI - International Sports Wagering

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To: Kevin who wrote (86)6/29/1998 12:29:00 PM
From: Micropicker  Read Replies (1) of 197
 
For anyone new!

If anyone is looking at ISWI because of today's price movement:

The stock tanked last year because another company they were working with lost their gaming license. ISWI got their own license, which caused the price to spike a while back. General weakness in gaming stocks caused the price to slip back on low volume.

We are waiting for:
1. Football season - the largest group of hard core betters.
2. Placement in several new casinos, which is imminent.
3. Operation of Sportxction on the internet with a major sponsor.

Other good things could happen as well.

The company has lots of cash, small float, and a low burn rate. There are no prefs, convertibles, or other ugly financing in the past, and with enough cash to run thru fall of 1999, none in the future.

If you believe the American public will bet on the outcome of descreet parts of a game, then this is the stock for you.

sportxction.com
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