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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI) -- Ignore unavailable to you. Want to Upgrade?


To: *ROSARIO* who wrote (1856)4/3/1998 10:13:00 PM
From: SnakeInATuxedo  Read Replies (3) | Respond to of 4539
 
While I would lean toward optimism for the Company's prospects, the notion that somehow it will achieve a price of $5 in the next 12 months is wishful thinking at best, and pixilated lunacy at worst. Consider that there are now, by all best counts, some 120 million shares outstanding. At $5 per share, this puts a market capitalisation on the Company of $600 million. For all its glowing prospects, this company will not be worth $600 million 12 months from now; I'm sorry if this cold dose of reality daunts your enthusiasm, but you have to pay attention to what is, because that's the way things are. On some really, really, I mean REALLY good news, we might top out at a dollar after a decent run. Longer term, maybe it will someday be worth a $600 million market cap, but not any time soon, and certainly not in 12 months.