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Non-Tech : RIHI - Merger with Internet Gambling Co, - Worldnet Gaming
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To: Whisperer! who wrote (190)3/26/1999 12:33:00 PM
From: Mark Chamberlain  Read Replies (1) of 363
 
The real DEAl RIHI,

RIHI main deal is

software, 30 programmers on staff, and a backroom for many other gaming sites using the servers, best phone line and fastest in south America,
this is a internet service provider, software developer, and gets income from a gaming site and fees from compies like GGNC.
That is the real story, and the fact they have done this 3 years as a private company is the icing. This means the folks running it know what they are doing and have been doing it for some time, RIHI was a shell to get started, this is common. When the numbers are reported funds will jump in. It was reported the CBS has ownership in a sports book off shore and said it was very profitable. This will get the attention of the funds. RIHI is 12.00 by july in my opinion.
I am into it for 10k shares. The reaseon I bought this and sold GGNC was because this company is the mircrosoft ( the operation system)
of the industry, as well as SNMM.
That is why I own RIHI, average price of 2.75.
Holding long, we will see it pass all the others.
Also once this sector heats up with stocks that are making real money there will be a rush on them like the web sites get.
Just a Opinion
Mark
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