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


To: Dave Gore who wrote (5732)7/21/1999 12:50:00 PM
From: Dave Gore  Read Replies (2) | Respond to of 6545
 
Regarding the PE's used in evaluating what WINR's price should be.

In all fairness as someone at RB pointed out, high PE's are not normally afforded those companies that are not fully reporting (although WINR is expected to be soon in the near future). Also I am not sure how a BB stock (which is normally riskier) is judged on a fundamental basis compared to say a NASDAQ stock.

It's ironic, WINR with it two quarters of positive and increasing earnings and revenues, and seemingly certain ability to be even more profitable going forward seems less risky to me than most all BB stocks, even though it is not yet reporting.

I guess time will tell on this one. Certainly though we all have to feel more comfortable with WINR's game plan than we did a few days ago.