To: The Devil Dog who wrote (5618 ) 7/8/1999 10:29:00 AM From: Dave Gore Read Replies (2) | Respond to of 6545
Exactly Wayne.... Some people don't understand Reward/Risk ratios. WINR is low risk, very high (potential) reward over the longer term. The foundation they are building will hopefully support a huge rise in the stock price down the road, not just a momentum play that drives the stock up higher for minutes or hours so daytraders can profit and get out. It's the kind of stock to pick up on significant dips as the impatient get out and the MM's try to create a panic. This is not a stock to worry about on a day by day or week by week basis. I am looking for progress each month, and have seen nothing yet to change my mind. Sure, there have been little delays and disappointments here and there, but nothing major that gives me any doubt that WINR will be a big success. I mean if any company can grow revenues by at least 100% per quarter, that is outstanding, and WINR should easily do that. I still think the 4th Quarter of this year will be a really huge breakout quarter, but Q2 and Q3 should still show triple digit growth in revenues quarter over quarter. How can that disappoint anyone? Especially when the stock is so far down from its high of $3.00 a share several months ago. In short, I am looking for a $10 price next year, which is like MSFT going from $90 a share to $600 per share. I would be happy with that, especially since this stock lets me sleep at night just fine. What Socrates and many others don't understand is that you can't have both....if you want to have the chance of picking a stock that goes up 500% by next month, it will likely be a highly risky stock that doesn't deserve to go up that much and will do so only on momentum. The fall will be hard, because there is no foundation of fundamental progress to prevent it. For me, I don't mind waiting a year or so for my WINR to go up to $10. Sweet dreams, DAVE