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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?


To: BacN4th who wrote (3646)1/4/1999 11:13:00 AM
From: Gator  Respond to of 6545
 
Have to factor in taxes. Not sure what their tax-loss carryforward is, but the rest of your assumptions seem accurate based on data provided.

Gator



To: BacN4th who wrote (3646)1/4/1999 11:16:00 AM
From: Mags  Respond to of 6545
 
WINR's operating costs are closer to 15-20% and don't forget to include taxes. Everything else in your analysis is fine. The earnings multiple is anyone's guess but I imagine that while WINR trades on the bulletin board it will remain somewhere between 20-30 or even less and then much higher when WINR becomes listed. Of course these estimated P/Es are based on estimated earnings which is different than traditional P/E based valuation which use trailing or already realized earnings.



To: BacN4th who wrote (3646)1/4/1999 11:19:00 AM
From: Provocateur  Read Replies (2) | Respond to of 6545
 
Generally, yes it seems right. But these are solid projections based on what they have up and running now. Skinner doesn't want to put out estimated projections based on the future casinos he expects to sign up in 1999 simply because he doesn't want to have to retract and reform PRs. So I would say these numbers are playing it very safe. They have dozens of sites they are still in negotiations with.

Prov