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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: LANCE B who wrote (707)12/1/1998 4:17:00 PM
From: Wayne Rumball  Read Replies (3) | Respond to of 11130
 
SNMM - I've been following for months, in and out several times, mostly in.

Conferance call a few weeks ago CEO said porn sites up for sale and they have offers in excess of market cap (ie more that 0.40/share)

They just need some proper PR.

CEO too conserative I think, wouldn't let anyone have any idea how much they earned last 1/4, kept saying wait for the 10Q. Only know that minimum 30% Q over Q revenue increases continue.

The other gaming stocks run on pure hype. ggnc I think they said they expected 75 million in wagers, so what, SNMM CEO says typical house take is about 5% gross.

Ah well, that's why I threw out AGTI yesterday, worst of the bunch I could think of, guess I was right, closed up 50%.