ADVV (Advantage Technologies) - formerly CSIN Message Board

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Non-Tech : ADVV (Advantage Technologies) - formerly CSIN

ADVV 0.750

0.0%

Sep 27 5:00 PM EST

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To: Pat Maguire who wrote (232)	6/3/1999 2:33:00 PM
From: THOMAS GOODRICH	Read Replies (1) of 483

Pat, Regretfully, I cannot share your vision of a $10/share valuation for this company any time in the foreseeable future. As in all web site franchises, it takes a period of time to ramp up earnings. In the case of CSIN, I believe the company has overstated its near term potential by a very wide margin. The problem is not unique to CSIN as many other web franchisees have similarly told their investors they would be very rich in a year or two because so and so did it. (Caribsurf and Cybernation Technology are recent examples that come to mind. Casino-Atlantis and Hawaiiancasino are two recent projects where sales agents collected 63% in commissions unbeknownst to many investors!) Starnet Communications, for example, expects franchisees to earn on average $500K during their initial year of operation. Many web sites with combined sportsbooks can and do exceed that projection which is still well below CSIN's estimates to investors. IMO, you should just stash away your shares and watch what materializes in a couple of years. TG

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