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


To: DARPA who wrote (1021)12/6/1998 7:35:00 PM
From: DARPA  Respond to of 2585
 
Listening to the WDEL in Delaware (8009432298 - Free News Letter, Free information pack/research report) Mike Furr President of WallStreet Financial Group on the internet as we speak. He's talking to a guy named Tom.

Here's what I managed to type as I was listening... Mike Furr is talking with someone on the radio and they're having a discussion about 'undiscovered' small cap bb stocks ...

Half hour show. Here's the 'words' that came out over the radio.

GGNC
Online Internet Gaming
Cyberbetz.com
$>5 Million in revenues in the first 7 weeks of business (?? I think he said 5)
.35-.40 profit this year EPS
2nd year 1.30 EPS
Probably revise these numbers upward over the next couple of months
('Tom' is the guy he's talking to)
12M shares outstanding - 7M traded in one day!
20 multiple $8
40 multiple $10
EBAY is at 100 multiple.
projected >$300M / yr revenue 2002
good buy at $5, $6, $8
Asian entertainment and domination
Access anywhere in the world
International marketing campaign
150-200 downloads a month ago
580 downloads yesterday
Every week growing
Acquiring other internet gambling sites and creating theme sites.
cutting edge.
Internet gaming is the next hot sector.
5.5 Billion people in the world.
Makes money off of wagering.
15-25% of the wagers are straight to GGNC's bottom line.
No large casino bills.
Can do incredible amounts of business.
Do your own DD, get his newsletter, there's more risk in these than IBM.

Pretty good. Lots of hype. But Mr. Chu was not on.

... Other stocks mentioned ...
Another company - EINI
Available the 2nd of Dec
castnet.com
largest inet casting and submission site in world.
>12K actors, on-screen actors guilde for casting directors and talent agents to preview.
12,000 actors pay >$250/yr to be on the site.
Directors, producers and talent agents, also pay a fee to scan through.
Revenues: profitable in '98, '99 $48M gross rev, .35-.45 EPS min $9/stock based on 30x multimple. trading at .75-.85 today.
360K members of SCAG?
>9,000 submissions/month.
3M shares float
One of the owners was a director "Pulp Fiction"

BAMM mentioned