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Microcap & Penny Stocks : Bingo.com Ticker BIGR (formerly BIGG) -- Ignore unavailable to you. Want to Upgrade?


To: Chuck Rubin who wrote (117)2/1/1999 4:04:00 PM
From: jhild  Read Replies (1) | Respond to of 1119
 
Well Chuck, I don't see it that way. Just saying there are risks and offering homilies about risk taking, maybe even use "you have to break a few eggs to make an omelet", and this is a long term play, belie that this one is just a momo play based on no identifiable fundamental information. The only fact here that would seem to attract any investment is the ".COM" name.

Just try and make the case that this is worth the $35 million possible market cap or even the $50 to 60 million market cap that even you admit is the case here. This was a name that was bought for $200K and a promise to pay up to $1.1 million if they ever generate revenues. In the mean time you have a stock that has created this $50-$60 million market cap.

I love that these guys then turn around and make the claim that this gateway is worth $1.3 million, based solely on the self created fact that this is what they will pay over time.