Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Classic Golf Corporation (CSGC) -- Ignore unavailable to you. Want to Upgrade?

To: tickerup who wrote (64)	3/17/1998 12:56:00 AM
From: THE LOOK-OUT MAN	Read Replies (2) \| Respond to of 904

THE LOOK-OUT MAN: Here is the info on the tournament held in Pitt Meadows, located just outside of Vancouver,B.C. Carbite West Coast Classic Swan-e-Set Bay Resort & Country Club Pitt Meadows,B.C. MAY 20, 1996 DALY & TWAY TO COMPETE IN UNUSUAL FORMAT IN BRITISH COLUMBIA ---------------------------------------------------- John Daly and Bob Tway are among a limited, international field of 12 players competing this Monday May 20th in British Columbia, Canada at the one-day US$350,000 Carbite West Coast Classic. The event features an usual competition of two-man teams and a form that changes every six holes. For the first six holes, the teams will play in a scramble format; alternate shots for the next six; and play best ball for the last six. The 18-hole "team shootout" will feature players from Canada, the U.S.,South Africa, Australia. The "hometown" favorites will likely be the all-Canadian team of 1)Dave Barr and Richard Zokol. The other teams consist of 2)John Daly-Craig Stadler 3)Scott Verplank-Bob Tway 4)Scott Hoch-Gary Hallberg 5)Roger Maltbie-Brett Ogle, of Australia 6)Brandel Chamblee-David Frost, of South Africa. The winning team will earn $100,00. The 6th and last place team will take home $30,000. Rain has beleaguered the British Columbia area for much of the past week, but tournament officials say that the course at Swan-e-Set Bay Resort & Country Club in Pitt Meadows, B.C. will be ready for play. Tee off time is set for noon PST. In Canada, TSN will broadcast three hours of live to tape coverage of the event on Wednesday, May 22 at 4:30 PST. COMMENTARY: The concept and the underlying premise of ACCY/CSGC was concieved and born during this tournament. David Marr senior and Damian hosted this tournament to my understanding. ACCY used to be a shell on the V.S.E. before moving to BB. Neville a part of the orig. group of ACCY, met Damian, and the company and concept was launched, under David Marr senior's guidance, and influence. Although the company today would be under David Marr senior direction the question really is: "is the concept sound and viable?" in order for the company to generate revenue and to be a going concern. I would say that the "two-man team format of play employed in Classic Series tournaments will be similar to that used at the Ryder Cup,which is consistently one of the most popular events with corporate sponsors and television audiences world-wide" although being smaller could provide even more sponsors as they could participate by putting up smaller sums of money.I think there is some merit in this message left on the yahoo by the Doc. search.messages.yahoo.com Although the classicseries.com web site is very nicely set up which indicates a going concern attitude for the company, e.i. where sponsors,revenue,general plan for the company etc. it is not enough. I expect an announcement indicating more than one sponsor will be made next week. However there needs to be more announcements concerning the over plans in terms of revenue produced from tournament and how it has helped as going concern for the company. This would keep shareholders abreast of how the company is functioning and instill confidence.The web site is not quick enough and is too general at this point. Like the orig. tournament played in B.C. it will be live tape coverage for television, ESPN would be my guess. I expect that ARNIE most probably will be announced. This would provide a kind of format in which a story could evolve for a sports coverage story. In B.C. golf station cable 53 provides this type of forum. Where you could show a tournament played in the late 50's or early 60's, ARNIE,JACK,GARY,SNEAD and show the classic series tournament as tribute to golf and it's history. CONCLUSION: The stock is a going concern which has viability in that there is room for television coverage with angle, thus sponsorships. There needs to be more news about what sponsors and the"angle" for television coverage means to the company and how current state of affairs will effect future "angle" tournaments. The stock traded 3,000,000 shares at 30 cents short time ago and jumped the next day to 60 cents. I found that the DAMEX NEWSLETTER sent to me indicated to me that they had recommended several stocks that moved dramatically dated March 11/98 in gains of percent: STOCK TOTAL GAIN NOW (MARCH 11) ACCY 348 112 AIPN 184 78 ANTX 183 102 BAAT 2300 400 DFNL 291 99 They indicated a total gain on there recommendations of 3309 percent and as of March 11 a gain of 783 percent. They indicate that Damex has a new e-mail address and inquiries to be sent to info@dsmexresearch.com Do they have a connection to a large group responsible for moves in BAAT & ACCY? I would welcome all to enquire about there service and for any feedback on the group. As well I conclude that David Marr junoir & Damian are good at putting golf tournaments together, however there needs still to be more comments from Nevielle whose in charge of the market & marketing concepts. For example the "PR" man from Classicseries indicates the market is up or down but reassures etc. I would encourage calls about the market to him or any knowledge about the DAMEX NEWS LETTER. I believe the stock will move higher after announcing the new sponsors or/and after the date of the taped coverage for television is announced. Look-out man looking out for things. (Tommy Bolt partner called in when Tommy was interviewed on television,hopefully there will lots of talk after the tournament) WATCHING STOCK "ADOT"