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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Jorjenzak who wrote (2726)	8/1/1999 10:49:00 PM
From: Lou Farrell	Read Replies (3) \| Respond to of 5041

Matt, on WINR Beg to differ with Jorjenzak, but WINR is ALL about transaction processing. They do NOT own casinos, do NOT handle wagers. Here's a link to a WINR overview: Message 10758380 First quarter of operations WINR had EPS of .01, increased 300% in the second quarter to .04 EPS. Filing SEC form 10 next week, looking for .20-.30 EPS for the first year. Handles gaming and e-commerce transactions, recently moved into an international banking relationship. I hadn't mentioned WINR here since it's so far unreporting, but keep it on your watch list. Great story, superior management. Regards

To: Jorjenzak who wrote (2726)	8/1/1999 10:57:00 PM
From: Matt Brown	Respond to of 5041

Jordan, My mom was hogging the computer, so I laid down to relax and see what I could think of on ECNC. Something that has been bugging me ever since Lynn Goodman mentioned it, along with Gary Hill, is finding that one leader in an industry. The one that has the balls to try something. I think ECNC is one of these type. I was sitting there thinking, how can ECNC be a leader. I was stuck on this stuff about the sportsbetting, which is really great, but I know it isn't the core. Basically, I don't care about it or 777wins.com beyond being cash cows. I think they should sell eventually. They will not do any good but provide an experiment ground and provide cash. AFter they get this transation (PERFECT) off the ground, they will be of no use. Anyways, back to the leader stuff. Do you recall us being in GOCA? I remember reading an article about the gov't or industry c racking down on CHARGE CARDS being maxed out and causing people problems. Sure, VISA makes money here (well, if they pay), but not always. What if they go bankrupt from it!! But ECNC might be the key to the gov't cracking down on this crap. (I hate gambling personally--the slots and cards) What it looks like is ECNC gets a fee from this PEFECT technology when used. VISA gets 3% of every sale I beleive by using their cards. This might be what ECNC gets. But ECNC doesn't use credit. It all links back to an ATM account. It's like a cash account in the stock market. you can't spend more than you have. If the gaming industry gets bad enough, this could be the key to keep it alive. Use only what you got. It would make the die-hard happy too, because they would be limited! Now, I know gambling isn't their only industry, but they apparently share the same vision I do becasue they have acquired the 777wins.com casino. I bet they use this as a cash cow and a testing ground. Very smart. (I'm calling them smart, but I don't know for sure! LOL) This is what gives them the edge and makes them a leader. They have a new technology that I have never seen before and could DRAMATICALLY help out an industry. I don't know how the structure works, whether it be % of sales or an upfront licenssing fee or what...But either way, they can make it big with it all. Filings look good. I was just confused on all of the name changing and the jurisdiction changing and all that BS. It's all good now and going out to the Club. FM