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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 35.84-6.5%3:59 PM EST

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To: Stock Watcher who wrote (4839)3/24/1999 10:21:00 AM
From: Dave Gore  Read Replies (2) of 52051
 
Well, SW, as you know, I feel WINR will one of the great stories of 1999, but it is just a curious phenomenon that people are not buying back yet. But I respect those who wait for the real news to decide. I just know this stock so well and respect management so much. I guess that it's hard to share or get people to understand how diverse and pervasive and powerful WINR's game plan is and how successfully they are implementing it. Their have a nice niche in a vastly growing market.

They are not only in the Payout Management area of internet gambling with some of the biggest casino chains in the world, but also now in the e-commerce area as well. A lot of people think WINR is just another gambling entity or they only do internet lottery. Not true of course.

They are primarily in the transaction/payout management area to assure that shoppers at e-commerce sites and bettors who are playing internet gambling are paid properly. They work with TISS and Interbet's on line casino's. They get a "cut" of every transaction and they also have a WINR's debit card that allows people to borrow money and again get a healthy "cut" of the transaction.

Their margins overall are very high.

Watch for news. CEO just returned from Europe yesterday.

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