To: Due Diligence who wrote (11653 ) 10/12/1999 4:41:00 PM From: Jim Bishop Respond to of 150070
On the floor and reporting, CHIP. Some weird big blocks went through as X's yesterday 760,000 and today 990,000, b/a didn't budge. LOL between me, SSP, and a couple of guys on the CHIP thread, we own about 4%-5% of the last reported float.biz.yahoo.com Market Capitalization $301.0K Shares Outstanding 20.0M Float 13.8M After-Tax Income (ttm) -$1.21M Supposedly looking for European internet businesses to hook up with. From the May 1999 10qsb:biz.yahoo.com "In the future, the Company intends to explore opportunities to develop or acquire businesses which may be related to the Internet, specifically focusing on the European sector. To facilitate this effort the Company relocated its corporate offices to Dublin, Ireland in September, 1998. Dublin was selected due to its participation in the Euro currency markets as well as the presence of numerous U.S. computer-related businesses and also the availability of a well-educated workforce fluent in English and numerous foreign languages. The Company believes that there will be attractive Internet-related opportunities in Europe as access to personal computers by individuals in that market is projected to increase to the 40% level currently prevalent in the U.S. by 2003 versus an estimated 14% access at present in Europe. In March, 1999, the Company reached an agreement with the creditor of its casino property, who had secured a judgment and had foreclosed on this property in early 1998. This agreement confirms that the Company is not liable for any deficiency which may have been due on that judgment for $1,101,337 obtained in 1997 and the judgment was discharged in April, 1999>" biz.yahoo.com