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


To: Zbyte who wrote (822)12/2/1998 5:04:00 AM
From: TOPFUEL  Read Replies (1) | Respond to of 2585
 
LOL I like the write up on BAAT in January too good webpage though I signed up to be a member I think we all should this way we can get in these stocks 2 weeks before hand.

David



To: Zbyte who wrote (822)12/2/1998 9:12:00 AM
From: Harry_Behemoth  Read Replies (1) | Respond to of 2585
 
Wednesday December 2, 8:47 am Eastern Time
Company Press Release
GGNC Announces Cyberbetz On-Line Casino Wagering Revenues for the Month of November of U.S. $1,376,743.00 Up 95 Percent Over the Previous Month
LAS VEGAS, NEVADA--GIC Global Intertainment Corporation, (United States OTC BB: GGNC) a high technology Internet, entertainment and marketing company that markets an on-line sports book and casino at www.cyberbetz.com, announced today that the wagering r evenues placed through their Cyberbetz on-line casino for the month of November 1998 totaled U.S. $1,376,743.00 an increase of 95 percent over the previous month. These figures do not include Cyberbetz Sports Book wagering revenues.

James Chu, president and CEO stated ''These revenues are in-line with what we anticipated they would be. The Internet is growing exponentially at an unprecedented rate. It only stands to reason that our traffic and casino wagering revenues should also g row at an exponential rate. This proved to be true in November. Wagering revenues for November are up 95 percent over the previous month. On November 30, traffic to the Cyberbetz on-line casino reached a record level of 5000 visitors in one day. If th at traffic continues daily, it will mean 150,000 hits to our casino per month. This type of growth in traffic and business in such a short time is something that can only be experienced with the Internet. This means more deposits, more wagers and a hea lthier bottom line for the Company and our existing and future shareholders.''

Based upon continued exponential growth, GGNC estimates first year Cyberbetz Casino and Sports Book wagering revenues to exceed U.S. $75 Million with gross profits of U.S. $11.2 Million.

The Wall Street Research Group, a company that features undervalued stocks in emerging growth markets, has now listed GGNC as a recommended buy.

Michael, A. Furr, president of Wall Street Research Group stated ''GGNC is tremendously undervalued, especially when you consider the huge gains and astronomical P/E ratios given to other Internet related stocks. EBAY, for example, moved from $25 1/4 to $234 within 3 months, BAMM moved from $2 1/4 to $40 within 30 days, AMZN moved from $24 1/4 to $233 within 12 months. The fact is that GGNC is an Internet stock, just like EBAY, BAMM and AMZN. These Stocks and Stocks like them are highly susceptible to radical movements in price. GGNC is expected to make a profit this year in a proven Industry like gaming. Internet gaming is becoming more and more commonplace as traditional gamblers around the world and the U.S. (currently estimated at 200 million worl dwide and 25 million in the U.S.) go online like everyone else. We see Internet gaming stocks as being the next ''Hot Sector'' to be in. We feel that GGNC at it's current price of $2.75 per share is extremely under valued, especially when you see other Internet gaming stocks like GLCCF OTC BB go up $16 in one day to close at $25. Comparing these two companies, from an analyst's point of view, we think GGNC is ''po sitioned'' better in the market place and appears to be growing at a much faster rate. Not to take anything away from GLCCF, but just to demonstrate where these stocks can go. We are bullish about this sector and are aggressively seeking out companies lik e GGNC with the potential to take advantage of this fast developing industry, while they, and this industry, are still in their embryonic stages. This sector is where the next Microsoft, E-Bay or Amazon is likely to be found.''

For additional information, see Wall Street Research Group's ''recommended buy'' listing at www.superstocks.net/gicglobal or call 1- 800-943-2298.




To: Zbyte who wrote (822)12/2/1998 10:17:00 AM
From: Vandyman  Read Replies (2) | Respond to of 2585
 
Wallstreet is paid for their services...of course they will recommend GGNC. Of course, I'm not saying that is bad, but just wanted to point that out.



To: Zbyte who wrote (822)12/2/1998 7:04:00 PM
From: DARPA  Read Replies (1) | Respond to of 2585
 
WallStreet gets paid to recommend GGNC and slants the report accordingly. I don't see their report as a significant endorsement. They're clearly biased towards seeing this particular internet gaming stock go crazy - they'll get rich while it climbs.

Not against GGCN. But let's not be fooled or contribute to fooling those less versed in BB games of Joe-Q-Public investor manipulation.