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Microcap & Penny Stocks : GAAY - Triangle Broadcasting Company (was TBCS)

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To: Popiye who wrote (259)5/26/1999 7:39:00 PM
From: Popiye  Read Replies (1) of 2118
 
For what it is worth (LOL) with some digging locate these jewels: Volume will continue tomorrow, in anticipation of news late Thursday, continued gains will be made daily through June, and we may expect more news (1-2 news releases weekly) leading up to July 2nd preview. This is in my opinion the best otcbb to be in for the coming months with a price target of $7.00 by the end of August. So, do the math folks. Even if this company only makes $20 million a year on BingoTelevison, that equates to 56 cents a share revenues. Put a 10x multiple on that and you get to $5.60 per share. Are these numbers fantasy? I think not. Merv makes over $350 million a year on the Wheel of Fortune. Twenty million for BingoTelevision will be a piece of cake. The demographics in Florida and Arizona alone are enough to get to $20 million. A 10x multiple? The market trades at over 20x. These numbers are conservative. They do not include any of the company's other plans, of which, there are many. Hang tough as the nut has been cracked and obviously the ABC's and others are taking the small risk to capture an opening market place. Best wishes:)
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