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Non-Tech : PSCKF - Playstar Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Aloysius Q. Finnegan who wrote (58)	1/23/1999 4:32:00 PM
From: Jeff Broughton	Respond to of 330

Definately the legal uncertainty weighs heavily on peoples minds, that's a big reason why all these stocks are so cheap right now. Institutional investors won't go near these until it's no longer a 'grey area'. We have ground floor opportunities here. Further, I think that once the Kyl bill has been put to rest these stocks will EXPLODE! Look at it like this: I heard on CNBC the other day that Amazon.com would have to sell every item in the U.S. for the next 3 years to justify its valuation. Amazon is not even making a profit yet, these gambling companies ARE. Combine a proven money maker like gambling and apply the world wide reach of the Internet and all the excitement for Internet related companies and you've got HUGE potential. I think the average share price of land based casinos is around $30-$40, combine that with the performance of Internet stocks...well figure it out :) Also, don't forget that some of these I-Gaming companies like Playstar license their software and get monthly royalties. Bottom line, yes these stocks are held back right now but eventually they'll explode the way other Internet stocks have. Obviously these are just my feelings and you must do your own DD. I think the best companies are Starnet, Playstar and Cryptologic but Playstar is the best "Diamond in the Rough" at this price.