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Non-Tech : RIHI - Merger with Internet Gambling Co, - Worldnet Gaming -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (58)	2/21/1999 8:48:00 PM
From: Kimberly Lee	Read Replies (1) \| Respond to of 363

Janice, well, I did send Worldnetgaming an email expressing my interests in their Partnership Plan 1. The next day, a gentleman by the name of Nicholas Nolter replied with the following message: Subj: Re: Partner Request from world net gaming! Date: 99-02-01 10:09:10 EST From: nick@worldnetco.com (Nicholas Tanney Nolter) Reply-to: nick@worldnetco.com To: klee@mindspring.com Partner request wrote: > first=Kimberly > address=85 Broad Street > Company=Goldman Sachs & C0. > Comments=I took a large position between 0.75 to 1.50 with Ranes > International Holdings when the company announced the news of acquiring WorldNetgaming. With $7 Million per month in revenues and growing rapidly, I would like to pursue WorldNetgaming's Partnership Plan 1 further, thanks > address2=New York > Partnership_Plan_I=Partnership_Plan_I > City=New York > State=NY > Zip=10004 > Country=USA > Fax= > busphone=1-212-902-1000 > last=Lee > Phone=1-212-902-1000 > Email=klee@mindspring.com > URL=http:// Hello Kimberly, I am more than happy to tell you about WorldNetGaming, since I was one of the original founders, I am sure I will be helpful.. Please understand we are not just developers of casino software, of course this is a key factor in operating an online casino, however, certain other factors play as important a role, factors that include; A. Bandwidth, this is the circuits running to Costa Rica where our games are hosted/served.B. Banking, you had better have a working partner when it comes to accepting Visa/MasterCard on line, and this progam has to be International. C. Accounting, this has to exact and perfect, and lastly, GREAT people, which we are very proud of.. Some of our supporting companies can be found at: worldnetcompanies.com please peruse and perhaps this will enlighten you some.. If you have any questions, please feel free to e back.. Thanks Nicholas Tanney Nolter Operations Manager *********************************************************** I never did pursue it any further as I figured RIHI would be good for, at the most, a 3 to 4 bagger. The little "greedy" me wasn't interested in doing more dd on any company that didn't meet my criteria of a potential 8 bagger at that time <ggg> Their web sites are fairly impressive, actually, especially the feature with securing Visa/Master card account credit line up to $20,000,000 (or some even higher number). With momentum bb stocks, there is just that much dd one can do anyway. Usually I just look at the following items: 1. The technicals (momentum, MACD, ADX, various MAs 2. making sure no private placement floorless convertibles stuff 3. A sufficient balance on level 2 between crazy mms and more sedate, reasonable mms 4. Company does not own a high-tech printing press 5. Impressive web site (which they do have) 6. The trading activities correspond to what the company claims as to the available float..... So, I took profit on some shares at 2 3/8,1/2 and stayed put with the remaining position, fully expecting RIHI and Worldgamingnet to put out more hyped news. Well, I wasn't disappointed, they did that this week, and probably more will be coming. It's usually not my policy to hype a stock when it already advanced over 200% from my average cost, and I will adhere to that policy here. But if some hypsters wish to hype it up to the roof and beyond, that's fine with me as it only means that I can unload my remaining shares with even more profit.