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

To: Whisperer! who wrote (417)	7/9/1999 11:50:00 AM
From: THOMAS GOODRICH	Read Replies (1) \| Respond to of 483

That may be true and is probably what CSIN is basing their forecasting on. However, the operators you mention spent fortunes on advertising and promotion to generate those millions in gross betting activity. I can think of over 100 other operators that have never even come close to similar initial projections presented to investors in companies structured as Limited Liability Partnerships, etc.

To: Whisperer! who wrote (417)	7/9/1999 12:19:00 PM
From: Michael Graham	Respond to of 483

GOCA has done about $20 million in wagering revenues for the first 5 months of the year. That's 1/3 of CSIN's goal for the entire year, and GOCA is still not profitable yet. I believe they are getting close, but they are not there yet. Their monthly EPS from Jan to May is approximately -.15, -.09, -.02, .00, +.01. So for 5 months their EPS would be about -.25. SNMM, a $20 stock is making less than +.10 EPS for 6 months. So, I still think $1.50 EPS is, shall I say, optimistic. <g> Mike