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


To: swedelo who wrote (3969)1/15/1999 9:29:00 PM
From: Nittany Lion  Respond to of 6545
 
swedelo,

You explained that very well but if I may make one correction - for anyone in the 28% bracket or above the long term rate (over 12 months) is indeed 20% but if you are lucky (unlucky?) enough to be in the 15% bracket then the rate is 10%. Of course this is the Reader's Digest version of the law and as with any tax law there are always exceptions and peculiarities so further research may be necessary.

I would suggest the following link for a no nonsense reference guide for any tax questions relating to investing:

fairmark.com

Gary



To: swedelo who wrote (3969)1/16/1999 5:29:00 AM
From: yomaz  Respond to of 6545
 
Thanks:

I need to find a new accountant. When I asked the same question to my former accountant, he said "the taxable rate for stocks held less than 18 months is 28% no matter what your income bracket is." I saw your message and it rang a bell for me concerning the new tax legislation.
I appreciate your and nittany lion's help with this matter. Looking forward to next week, I think it will be another good one for WINR...



To: swedelo who wrote (3969)1/16/1999 10:06:00 AM
From: JoeinIowa  Read Replies (1) | Respond to of 6545
 
Technical Analysis,

Seems like we do not get much in the way of the technical side of WINR. I am willing to share what I am seeing as long as everyone is aware dealing with a BB limits what I can do. Also with internuts TA goes by the wayside with news many times.

clearstation.com

Looking at the data the stock is in better position than when it made its last run from the 1 area in December. The MACD is crossing and the Stoch. look very strong. Not to mention we are riding above the 13 dma. Volume has been fantastic in that it was not too high from being pumped but seems to indicate good news is coming.

Jose



To: swedelo who wrote (3969)1/16/1999 2:28:00 PM
From: Premier  Read Replies (1) | Respond to of 6545
 
swedelo:

A question on revenue sources:

Winner will receive .50% of clients revenues. The very optimistic 5 year projection is $10B. Assuming winr would have 50% penetration, we can derive $25m as total revenues from internet gaming transactions management in the fifth year.

Shopping downtown is likely to compete in the CYCH turf. CYCH's current revenue is $88m. What do you think winr would have? Who are other competitors in this field? what is winr's competitive advantage?

Are there any other sources of revenue for winr?

Thanks in advance for your response.