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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?

To: swedelo who wrote (5642)	7/9/1999 12:52:00 PM
From: Michael Graham	Respond to of 6545

Friday July 9, 12:22 pm Eastern Time Company Press Release WINR's Responds to Shareholder Questions biz.yahoo.com ST. AUGUSTINE, Fla.--(BUSINESS WIRE)-- July 9, 1999--Winner's Internet (OTC BB:WINR) recently postponed their conference call to July 15th at 4 p.m. In response to recent inquiries to WINR's, David Skinner Jr. has prepared a preliminary written response to several investor questions, which are posted on www.winr.net in the Press section. These questions were answered as thoroughly as time permitted and will be addressed in greater detail next week on the conference call. Any additional or follow-up questions to the statements posted on the site may be directed to CFG and will be asked on the conference call. Information contained in this news release other than historical information, should be considered forward-looking and is subject to various risk factors and uncertainties. For instance, the strategies and operations of Winners Internet Network Inc. involve risks of competition, changing market conditions, changes in laws and regulations affecting these industries and numerous other factors discussed in this release. Accordingly, actual results may differ materially from those in any forward-looking statements.

To: swedelo who wrote (5642)	7/9/1999 3:13:00 PM
From: Reinhard	Read Replies (2) \| Respond to of 6545

Mr. Swedelo, thanks for the detailed questions, they remind me that I've to be much more careful in writing. But during daytime here I only can use breaks during my working hours to look at the boards and to write a message. Very often I've absolutely no spare time. And I'm not writing as fast as you native English speakers. That is not an excuse for being not precise, just an explanation. But now my answers to your remarks: to 1) You are right, I meant the stock price. to 2) My sentiments are becoming worse, indeed. I initially bought WINR last year in November after watching the stock price since June 98. I watched the gambling sector and finally picked up WINR and SNMM when I saw their charts improving. I've to commit that I check both the charts and the fundamentals, better say the sentiments or news about a company. Usually the picture of a chart tips the scale! That means, good news and bad chart, I don't buy; bad news and improving chart, I may buy; good news and good chart, I'll buy. Therefore my first sceptical comments refered to the chart of WINR, not the company! I hope you can confirm? So, why did I add shares? There are probably some reasons (I didn't carefully evaluate the importance of the reasons): I saw the chances of the gambling sector;... both, SNMM and WINR claimed to have the secure handling SW;... I saw what the stock price of SNMM did ( I bought SNMM too);...WINR finally opened the WINNaLOTTERY site, which is still impressing!;...I thought that WINR has detected a missing link in the e-commerce sector and will shortly announce alliances and break thoughts;... they changed their test site indicating they are ready to go (remember the German translations of the press releases - all gone in the mean time!) So finally I thought don't always look at the charts, see the opportunities. to 3) Clearly NO! I'm completely not interested in a falling stock price. My behavior is not to catch a falling knife. It is completely meaningless to calculate a long term appreciation on a 50 cents scale. What I mean is, if the stock price will reach - say - the $ 20 level, what is the difference between buying it at $ 1,50 or 1,25 or 1,10? My experience is that the best gains come in the - may be temporarely - final stage of a blow up. Look again at SNMM, they wen from $ 13 to $ 20 within 2 weeks. Does it matter if you bought them at $ 1,25 or $ 1,75? You only have to be lucky to have the right limit set on exactly the day when the euphoria overturns. to 4) I didn't say WINR has no chance in Europe. Basic data and telecommunication technology was and is dominated by US companies. In the applications area they have some problems, I don't know exactly why (because there is no country in the world which can compete with the customer oriented behavior of the US companies) but probably they don't understand that Europe is NOT a common market as told by the politicians and the reporters of news papers. Therefore are completely different regulations in all sectors (due to the EURO there will be automatically a convergence, but it will take years to come). I.E. one of the biggest flops in Europe had Peoplesoft, they couldn't cover the complicated regulations in the various counties. But regarding WIN, I thought hiring these experienced European people will prevent them from big mistakes. And I think (or hope) still so. Therefore contrary to my principles not to catch a falling knife, I had a buy limit of $ 1,35 for additional 3000 shares of WINR, which was executed last Friday. To be exact: now I've 53.000 shares of WINR. to 5) Yes, I do. Because a tenfold is for a BB stock almost nothing (I refer again to SNMM). And I confess that 53.000 shares are now enough. If they go over $ 20 (like SNMM), this will be a gain of $ 1 million. That may be not outstanding, but it is really not bad! If there are really convincing news, then I'll open a new account at my bank and may buy more (different accounts count separately tax wise). to 6) and 7): Mr. Swedelo, I'm not a perfect investor, and I've to confess that due to your extremely positive expectations I bought again shares after March '99. But you don't have to worry about me. The only thing is, and I guess I wrote it on the RB board, your extremely positive interpretations of anything WINR is doing (I called it unfortunately "hyping"), may rise unrealizable expectations by the readers of these boards. But don't care about me. I'm an investor in stocks since 25 years, and I never will blame someone for my mistakes. to 8) Your remarks on LIFO/FIFO are completely correct. Regards, Reinhard PS: I unburdened my heart, but if you have more questions, be so free to ask. I also have no objections to copy this message to the RB board.