To: STEVE who wrote (14986 ) 5/6/1998 1:03:00 PM From: Dave Gore Read Replies (2) | Respond to of 34592
WOW! <WINR> moving...this one is bigtime momentum play Up 35% today and could run huge over next few days. Projected PE is under 1 by my calcs, earnings could easily exceed $1.00 per share in the next 12 months, as the software is ready and the first $15 mil contract already signed! (see below).*** After several people recommended a look on WINR, I just did some heavy DD ....it may really should run....Long story but down from $5 or so to 50 cents...basing as it awaiting word on their new financing package...and could really ROCK! I agree guys! Looks like they just need their financing package and that news, expected to be positive, may be out any moment according to the IR firm! CURRENTLY: about 70 cents, down from $5.00 or so; up 35%+ today, hi volume SHARES OUTSTANDING: 10 mil, 75% tightly held in safe hands FLOAT: 2.5 MIL PROJECTED EARNINGS FROM JUST THE CARIBBEAN CONTRACT: $1 MIL PER MONTH EARNING PER SHARE $1.00/share (projected just based on the one signed contract) PE RATIO: would be under 1 MARGINS: 80-90% THEIR BUSINESS: Involved in proprietary software (already beta tested and ready to go) for managing the internet gambling transactions. Currently about 60-70 internet gambling sites, many int'l. Currently an $800 million business but no standard exists for tracking and preventing fraud during transactions.....THEIR software does this. Industry expected to grow to $10 BILLION by year 2001 CEO, David Skinner, Sr., is a former IRS dept. head, who was involved in money laundering cases. He saw an opportunity to provide a service to this growing industry and here we are. They already announced a contract in Dec. with the largest Internet Casino, Caribbean Casino worth $15 Million. Another contract almost done and many more may be on the way, as 2-3 Internet casino sites are popping up worldwide per month! They get an annual fee and a 1.5-2% cut of every gambling transaction! Love it...STEADY REVENUE STREAM! ********** The reason the stock dropped is that for the above contract and another to go through, they need to get add'l funding. That is supposed to happen in the next couple of days. I suspect it may have already happened which is why the stock is up on heavy volume. Lots of positives: what abbout risks? Not many but the US congress could attempt to put the clamps or restrict internet gambling, but this software actually helps prevent fraud.....plus the international goverments are vry unlikely to put any restrictions on this lucrative business. No competitors yet, but there could be at some point. ** Call the IR firm: Columbia Financial Group, Kevin Holmes, 888-301-6271 for more info. He was a great source of info on this. NOTE: All above information is not guaranteed by me....the typical disclaimer stuff applies of course on anything I say here or in the future. I can never guarantee anything....do your OWN DD and check my Numbers and do your own. COMMENTS ON THIS STOCK? THANKS TO THOSE WHO RECOMMENDED IT THIS MORNING! LOOKS LIKE IT WILL BE FUN TO WATCH FOR A FEW DAYS