To: MoneyMade who wrote (12116 ) 2/18/1999 10:27:00 AM From: Joe Copia Respond to of 25711
I also like this part with some big names included:According to Datamonitor, online gambling turnovers have the potential to dwarf those of other interactive services, tapping into an existing traditional gambling market valued at over $700 billion in Europe and the U.S. alone. Casinos, lotteries and sports books dominate the new market, allowing customers with an Internet connection and a credit card to gamble literally anywhere in the world. With the most successful services turning over more than $1 million per week, the current market value of $600 million is just the tip of the iceberg CNET Inc. (Nasdaq:CNET) has risen from $45 to $105 in the past two months, a gain of 133%; Excite, Inc. Nasdaq:XCIT) has risen from $25 to $118 1/5, a gain of 374%; Infoseek (Nasdaq:SEEK) has risen from $20 to $78 1/4 over the past four months, a gain of 291%; America Online Inc., (Nasdaq:AOL) has risen from $30 to $175 in the last year, a gain of 483%; Lycos Inc., (Nasdaq:LCOS) has risen from $25 to $137 in four months for a gain of 448%; TheGlobe.com Inc. (Nasdaq:TGLO) has risen from $30 to $66 1/16 in the past two months, for a gain of 120%; Xoom.com Inc. (Nasdaq:XMCM) has risen from $22 to $58 in less than 12 months for a gain of 150%; At Home Corp. (Nasdaq:ATHM) has risen from $40 to $125 in the last 3 months, for a gain of 212%. On Friday, Jan. 29, 1999, Shop at home, Inc. (Nasdaq:SATH ) had the number one increase of all Internet stocks, with a gain of 44%, moving up $5.25 to $18 5/8, with a trading volume of 10,959,600 shares. Arruda continued, "We feel that this attention to Internet stocks combined with our high quality Casino software products, will only help fuel interest in WorldNetCasinos.com." WorldNet Casinos.com, pioneer of Casino Games and services for the Internet, is the leader in developing Casino games that are easy to access, exciting to play and safe and secure to use. For additional information please visit our web site worldnetcasinos.com , e-mail press@worldnetcasinos.com or call John Kirk, investor relations at 877/899-9950.