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To: AV8R who wrote (62421)3/17/1999 10:48:00 AM
From: Due Diligence  Read Replies (1) | Respond to of 119973
 
CANI- was $4.50 a week or so ago.
DD



To: AV8R who wrote (62421)3/17/1999 10:54:00 AM
From: MomentumMan  Read Replies (2) | Respond to of 119973
 
GGNC just starting it's run! Same revenues as SNMM with 1/3 float and 1/4 price, string of news coming in next two weeks will send this stock to double digits IMO. READ

Editorial on GGNC and SNMM from The Internet & Casino Stock Report
Wednesday March 17, 1999
JWalz10706@aol.com

Casino Issues:

Well, now I really have something to write about. Starnet Communications
(SNMM) does it again, + 2 7/16 to close at 11 15/16 (25%). Volume an intense
2.5 million shares. Is this the same stock I recommended at 93 cents just
three months ago? I have a few thoughts here: Let's assume that Starnet is now
the sector leader; granted. But is there some fundamental reason it trades at
a market capitalization of 268 million-dollars while GIC Global (GGNC) trades
at a mere 19 million-dollar market cap? With equal revenues, GGNC should be
priced at $42 per share, just to be on par with Starnet. Note that Starnet has
more than three times the number of shares outstanding than does GIC Global.
Something just ain't right folks.

Perhaps the market has finally discovered the discrepancy. GIC Global (GGNC)
tacked on 17/32 today to close at $2 15/16 (+22%). Volume was a frothy 1.4
million shares. Total Entertainment (TTLN) gained 8% to close at $1.13 on
volume of 1.1 million shares. Incidentally, we purchased GGNC at $3 1/16, very
near the close. The rally, unlike the last rally to $3, appears much more
convincing. Today's volume was heavier, 2 7/8 was held firmly and we now have
the precedent set by the Starnet episode to propel us higher.