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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: Matt Brown who wrote (1809)6/17/1999 11:40:00 PM
From: Jeff Resch  Read Replies (1) | Respond to of 5041
 
Matt, Good comparison but I don't think at this stage in GOCA or SNMM's existance we are able to compare buying trends with both stocks. I say this because neither of the two companies have a long enough track record to properly estimate reaction to the market. Day trading and crap shooters have too much to say in what happens at this point. The MACD graphs and the fluctuation in volume over the past couple of weeks tells me something is going to happen soon. As the fast line continues to increase if the right information comes out we could see some major gains. Timing will be the biggest factor to how high it jumps.

I see one of two things happening in the short term. If positive news hits at the elevation of the fast line we could possibly see an increase to $5 or $6. Once those marks are reached it will fall much like DDEQ and balance out somewhere between $3 and $4. Or news will hit as the fast line begins to peak and a gain to a stable $3 will happen.

From this perspective there are goods and bad attributes to both. If it gets to 5 or 6 a lot of people are going to know who GOCA is and an increase in monthly wagering revenue will happen. If the other scenario plays out GOCA allows themselves a little exposure to the investing world seeing moderate increases in wagering revenue. This will also allow GOCA enough time to slowly develop. The more action this stock gets the more people are going to expect things to happen.

I don't want to leave out mentioning anything about Indexus or the Kiosks because I believe there is a lot of potential in both areas, not to exclude calling cards. If this Indexus.com flies this could be the exposure GOCA has been strategically aligning for. Banner ads, casino's, you name it. But until we can see some results in that area my attention will soley be placed on the production of the casino.

I am in this stock for the long run 5+ years if we continue to see positive growth and development of infrastructure. Hey, if I can get 11% a year I'm beating the market, right! This thing has the POTENTIAL to be a very lucrative company. I don't want to speculate on any dollar amounts above the $6 range until the company achieves the steps it has set out to accomplish. Once they do sky's the limit.

I got in this stock at $.55 and have only seen positive things happen. I've been to the top and the bottom and have yet to begin sweating. Good night, and lets hope GOCA is playing their cards right..;-)

Resch



To: Matt Brown who wrote (1809)6/18/1999 3:03:00 AM
From: chasmd  Read Replies (1) | Respond to of 5041
 
FM any thoughts on dmec. eom



To: Matt Brown who wrote (1809)6/18/1999 8:51:00 AM
From: Mr Metals  Respond to of 5041
 
NUKE should rock....Buy recos from overseas and maybe some great news......

MM

NUKE IS NOT A BUY RECO......



To: Matt Brown who wrote (1809)6/18/1999 6:33:00 PM
From: CPA/CFP  Respond to of 5041
 
I found your chart analysis on GOCA very interesting . Get this. On June 16, Youbet (UBET) moved trading to the NASDAQ National Market. On June 17, Ing -Baring initiated coverage with a strong buy recommendation and a year-end target of $45. (Presently around $14).Estimates are that UBET will show a loss of $20.8 MILLION in 1999 and a profit of $3.7 million in 2000. By way of contrast, GOCA could be profitable as early as this next quarter. Once GOCA becomes fully reporting, the sky's the limit. At today's price it appears grossly undervalued. Do you agree?