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Non-Tech : PSCKF - Playstar Corporation

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To: Reds who wrote (170)4/22/1999 6:02:00 PM
From: THOMAS GOODRICH  Read Replies (2) of 330
 
Essentially all this company has to do is put out press releases and the stock will move. It's very well favored technologically and the market cap appears low in comparison to competing companies with any ecash arrangement.

A case in point may be CSIN-Casino Pirata. Simulator Systems plunked down $150K for a casino web site license (scheduled to open in a month or two with any luck) then put out a press release today stating their web site is getting a lot of hits and the stock nearly doubles! Interestingly, PlayStar's Antigua Casino web site to date far exceeds anything CasinoPirata has received thus far with real-money wagering let alone site visits. IMO, ANY PR that PlayStar issues at this juncture could rocket the stock a few dollars! The e-commerce product could have far greater implications for the company.

TG

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