SBET : LAS VEGAS at home Message Board

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Non-Tech : SBET : LAS VEGAS at home

SBET 9.235

-3.5%

3:59 PM EST

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To: Bernard I. Gentile who wrote ()	2/2/1997 4:19:00 AM
From: Bernard I. Gentile	of 205

SBET (Interactive Gaming & Communications) is creating an exceptionnal social and economic event : LAS VEGAS at home. Economically it's not less violent and less unpredictable than the bomb of Hiroshima . Gambling is not a localized event any more and it is worldwide accessible with any PC. And this tiny company have an absolute monopoly, at least for some time. With a US market for legal gambling of about 550 billion and a possible $1 trillion world market, it's difficult to imagine realistically what could happen with this creative, diversified and clever company. Just with a few million dollars they will generate in the first months SBET should jump to the moon. Interactive Gaming & Communications (SBET) looks like a serious company (look at the sec.gov ) and the owners of most of the shares are its managers. From the 12-13 million shares, only less than 3.5 millions are really public shares. At Wall Street, SBET is not a play for gamblers, but for investors. Last Summer this stock was a bargain at $2.5 and it fell with almost no volume to less than $1. (Do not forget , for small companies more than 65% of the trading at the Nasdaq is between market makers (see Forbes June-July) ! (for technical reasons (?): end of the first part.

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