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Microcap & Penny Stocks : POKR - Casino Air - Real Gamble?

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To: Larry Brubaker who wrote (440)9/28/1998 12:28:00 AM
From: blash  Read Replies (1) of 609
 
Larry...Thanks for entering the arena. My info on book value was a very loose rule of thumb supplied by an investment banker I know. But I agree about GROWTH being a more important criterion. That is why I was pleased to see that Casino Airlink was projected to have a 25% growth in revenues and a 40% increase in net profits for '99. My assumption is that these are conservative estimates based upon the expected growth in the total number of newly constructed hotel rooms in Biloxi. A portion of these rooms are offered to Casino, particularly in the off-season, and it is usually no problem for Casino to fill them.

I hope Hurricane Georges scoots by Biloxi, but the latest weather report was that it was headed in their direction.
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