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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: ghostme who wrote (2602)11/13/1998 10:41:00 AM
From: Jay Lyons  Respond to of 43080
 
>>If you would spend a little less time on SI (referring to your 22 posts yesterday) and a little more time doing research, You would see that NuOasis Resorts is worth looking at!<<

You're right, Jeff. I don't know what I've been thinking. I'm going to close out the AOL and DELL positions I took this morning, take my 5 points, and invest in NUOA.

Thanks for setting me straight.

Jay



To: ghostme who wrote (2602)12/1/1998 5:54:00 AM
From: ghostme  Read Replies (2) | Respond to of 43080
 
Jay,

Thought you folks might be interested in the following since you are familiar with NUOA:

NUOA, as in Pennypicks (Joe Davis), copied with Joe's permission:

If people want they can e-mail me anytime at
pennypicker@hotmail.com

Thanks

Joe..

Here is my DD..

My new stock pick is NuOasis Resorts Inc ( NUOA ). I believe that NUOA is
extremly undervalued at current levels and is poised for BIG movement. I
believe that NUOA could be trading at $4-5 in the next 14-18 months and
$10-$15 in 2-3 years. With a $10,000 investment, it could make you over
$1.5 million dollars in less than 2 years. Here is the math that makes NUOA
valued at $4+ now!!!

NUOA has;

7.8 million shares of FXWA x $6.50 = $50.7 million x 70% ownership = $35.5
million less 20% haircut = $28.4 million.

$180 million note x 70% ownership = $126 million.

36 million shares (options) x $6.50 = $234 million less cost of options ($6
million) = $228 million x 70% ownership = $159.6 million less 20% haircut =
$127.7 million.

$28.4 + $126 + $127.7 = $282.1 million / by 69 million NUOA outstanding =
$4.09 per NUOA share.

Also, of those 69 million shares outstanding, 20 million of those shares
are in the treasury. Meaning they are issued, but the company still has
them, and can cancel them, trade them for assets, or buy more hotel
properties. I hope they cancel those shares and bring the outstanding
shares to 45 million. Which would raise ALL my estimates by 30%!

Check out these web sites to see pictures of these hotels:

Click on 1stnettech.com

Click on otcfn.com

NuOasis Resorts, Inc. is in the process of closing a $7 million financing
package that will allow them to complete their Cleopatra-Cap Gammarth
Casino in 30 to 40 days once the financing is received. Securing this
financing package will bring in tens of millions of dollars in revenues to
the Company. NUOA is also working on other major projects (Casinos) in
Spain and in the Caribbean. Because the shares are so extremely
undervalued, the Company is also considering a buyback of its shares.

Company Profile and Future Business: NuOasis is a dynamic leisure and
entertainment holding company that has two full-scale Las Vegas-style
resorts situated along the Mediterranean coast in the well-known Tunisia of
North Africa. Through its wholly owned subsidiary, NuOasis Resorts holds a
60% interest in a profitable five-star rated hotel and a 70% interest in
two casinos with the only regional gaming licenses. These significant
interests are the Company's first phase in completing destination resorts
around the world. Due to the success of their business, the Company is now
aggressively pursuing unique gaming and hotel opportunities in other
well-known travel destinations. They are also evaluating properties for
development in other areas of Tunisia as well as Egypt, Morocco, and the
Carribean.

The Company has positioned itself for success, since its major resort is in
a booming tourist area with over four million affluent tourists per year
from Europe and the Middle East enjoying the Las Vegas-style gaming and
entertainment. This resort is located in the vicinity of over 50,000 hotel
rooms. With regional gaming rights and four million tourists who visit
Tunisia every year, NUOA has a winning combination for the potential of
growth and tremendous success.

Also, the Company is experiencing tremendous cash flow. Based on the 3rd
Quarter results on March 31, 1998 from June 30, 1997, cash and cash
equivalents rose to $1.7 million from $576 thousand. However, future
expansion of the Company is dependent on financing, which is actively being
discussed. If financing becomes secured and the strong cash flow continues,
then this grossly undervalued stock is poised for explosive appreciation in
stock price.

Fully Reporting Company: NuOasis has been a fully reporting company with
the Securities Exchange Commission. SEC filings for the Company are located
at: sec.gov

As extracted from the Company's press release of July 21, 1998, on a stand
alone basis, Cleopatra's World generated revenues of $4.6 million for the
nine months ended March 31, 1998. The Company expects the hotel to generate
revenues of approximately $10 million in 1999 and $15 million in 2000, and
gradually increase thereafter. Hotel profits are forecast to be
approximately $3 million in 1999 and $5 million in 2000.

NUOA's Interests: NUOA holds majority interests in the Cleopatra Palace
Resort at Hammamet and the Cleopatra Palace Resort at Cap Gammarth, both
located along the Mediterranean coast in popular Tunisian tourist
destinations. The Company's 60% owned Le Palace Hotel opened in October
1996, its 70% owned Cleopatra Palace Casino at Hammamet opened in December
1997, and its 70% owned Cleopatra Palace Casino at Cap Gammarth is
scheduled to open later this year.

To contact NUOA and investor relations;

Call Jonathan Small (Director of investor relations) @ 949.833.5381 x723

Reasons why we believe the stock price is poised for price escalation is
because of its location, tremendous cash flow, potential revenue growth,
and the potential of securing a major financing package for expansion of
the Company:

1. Prime location - Its major resort is situated in a booming tourist area
with over four million tourists per year.

2. Significant cash flow - Based on the 3rd Quarter results on March 31,
1998 from June 30, 1997, cash and cash equivalents rose to
$1.7 million from $576 thousand, and for the same time period the
Cleopatra's World generated revenues of $4.6 million.

3. Revenue growth - The Company expects the hotel to generate revenues of
approximately $10 million in 1999 and $15 million in
2000, and gradually increase thereafter. Hotel profits are forecast to be
approximately $3 million in 1999 and $5 million in 2000.

4. Future financing - Discussion of financing is underway for future
expansion of the Company. It is not officially done yet, but NUOA
is in the process of closing a $7 million financing package that will allow
them to complete their Cleopatra-Cap Garmarth Casino in
30 to 40 days once the money is received. Securing this financing package
has the potential to bring in millions of dollars in revenues.

To sum it all up, NUOA is EXTREMLY undervalued at current levels and in my
opinion, should be trading at $4-5 NOW. Please do your own DD and feel free
to contact me anytime for questions or concerns. Also the company can
spin-off up to 5 subs!

pennypicker@hotmail.com

Nothing in this shall constitute solicitation or an offer to buy or sell
any securities mentioned herein. All investments should be discussed with a
qualified investment professional. All statements made are my express
opinion and should be treated as such.