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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce
WINR 0.00010000.0%Nov 5 1:20 PM EST
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To: Provocateur who wrote (3651)1/4/1999 11:35:00 AM
From: swedelo  Read Replies (1) of 6545
 
Prov & ALL,

Hope everyone had an excellent holiday season. Now it's time to get back to work. Concerning todays press release, I see there are a lot of attempts here to try and come up with some sort of valuation by projecting earnings, P/E, % margin...et al. First margins should be in the 40-50% area, this is straight from the horses mouth. Secondly, I believe Prov is correct when he states that the numbers presented today are likely VERY conservative as to REVENUES! Thirdly, I hope the have ZERO earnings this year! Remember the important thing at this phase of a companies history, especially in the internet arena where vastly increasing revenues are the driving factor NOT earnings, is GROWTH NOT EARNINGS. I personally hope to see them re-invest all their revenue into added computer programing personnel as well as sales and other support peronnel. I am not the least bit worried about earnings at this point; and, obviously, neither is the market when it comes to internet companies. The important thing over the next year is excellent revenue growth and business expansion. If they can accomplish these things, the market will reward the stock price in an approppriate manner.

Best Wishes,
Swedelo
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