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Non-Tech : ADVV (Advantage Technologies) - formerly CSIN -- Ignore unavailable to you. Want to Upgrade?


To: Michael Graham who wrote (410)7/9/1999 10:00:00 AM
From: michael john stout  Read Replies (2) | Respond to of 483
 
Right. I say 15 cents per share is a rousing success and should support a share price of at least 5 bucks. We'll see if that happens.



To: Michael Graham who wrote (410)7/9/1999 11:06:00 AM
From: Whisperer!  Read Replies (1) | Respond to of 483
 
Actually Michael I called the company and spoke to Steve Amdahl...and what they are saying is they were projecting a $1.50 per share in earnings for their first year of operations. The first casino did not open untill 04/20/99. So they have approximately 9 months to accomplish this.

Remember their sports book has not really kicked in yet. With NFL season approaching they could easily do $3 to $5 million per month very quickly.

But even if their projections are wrong and they only earn $1.00 per share this would still be a very good situation.



To: Michael Graham who wrote (410)7/9/1999 2:39:00 PM
From: Pat Maguire  Read Replies (1) | Respond to of 483
 
Actually since they opened in late April they have been almost doubling their betting each month...They actually have 9 more months before their years end. This is how I picture it. 500k July bets 1M in Aug 2Mil in Sept 5Mil a month by OCT football season legal betting 10 Mil by dec and 25 mil or more on superbowl I fully expect it to grow expotentially every month for the next few years. Even a the low projections of .15 at a 20PE ratio makes this a $3 stock. I suspect it will be bigger than any of us expect. LEGAL GAMBLING! I can easily see 100 million bet by April 2000 at 15% equals 15 million divided by 7.5 million shares equals $2. per share and a $40 stock. I'm betting we will be in the 20s by next spring. I'm intending on holding this one for 3 years or more could see 100 plus!