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Technology Stocks : UBET...You Bet Intl -- Ignore unavailable to you. Want to Upgrade?


To: Chloe R who wrote (34)6/30/1998 9:01:00 PM
From: Jeff G.  Read Replies (2) | Respond to of 55
 
Clo,

You seem to be the most knowledgeble on UBET, so I hope I can ask you a few questions. First, let me say that I think this concept could be HUGE!! I'm surprised this stock isn't higher in light of the other internet stocks that seem to be commodities(XCIT, SEEK, etc).

I read that there are 10 million shares outstanding...that gives then a market cap of $60 million. Is this a $60 million company? What are their revenue projections? How are they paid by the tracks? What are the barriers to entry? Also, what are the legal issues?

I hope I didn't ask too many questions! But when I buy a stock, I like to look at all the negatives as well as the positives for a company.

Basically, I usually don't buy such small cap stocks and I'm looking for someone to convince me that UBET is worth owning. I've been to their web site, and was impressed, but any 15 year old with a computer can put together a nice web site.

I thank you in advance for helping me out....maybe we'll be co-shareholders!!

Jeff