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 : GGNC - GIC/Global Intertainment Corporation -- Ignore unavailable to you. Want to Upgrade?

To: william Velmer who wrote (746)	11/30/1998 9:13:00 PM
From: Nittany Lion	Read Replies (1) \| Respond to of 2585

william, From your post: Based upon 12.5 million shares outstanding and est. earning of $11 million for the current fiscal--before taxes---equal around .75/sh. Est. PE for fiscal yr equals 5X!! From the Co. press release: The Company expects that wagering revenues placed through their Cyberbetz Casino and Interactive Sports Book will exceed U.S. $75 Million, with gross profits* of U.S. $11.2 Million.* Gross profit to me indicates before operating expenses, whereas your calculation sounds like net profit - my question is, which is correct? Gary