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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (5864)	3/22/1999 9:41:00 AM
From: frankk	Respond to of 9115

XCLU Press release due out this morning. Exclusive us rights with CLub Delta , Europe's RCI(Vacation planning and condominium time shares). Supposedly second announcement next week about another cruise ship purchase.

To: Daniel Miller who wrote (5864)	3/22/1999 9:43:00 AM
From: Retired41	Respond to of 9115

Daniel, you supported IMOT. Do I have to go back and site the posts? It might not have been your pick, but you certainly touted it. What about ORTH? This was a bad pick from the start. Medical rollups have been in disfavor for some time. Also the news that was out was that they were buying the company for .67/share. Daniel these are FACTS. Defined as independently verifiable. As far as ABFG you are simply being hoodwinked. You talk like you have seen the financials. If you haven't you are really off base. If you have please give me last four quarters : current assets, current liabilities, long term liabilities, cash flows, notes, sales, margins (both gross and net), taxes accrued, taxes paid, and management compensation. I won't hold my breath. I am assuming you haven't seen them and are taking their quality all on faith. There is absolutely no reason to believe a life insurance guy that went broke in Florida (that is an extremely simple business... mostly marketing) can make a go out of a company that is mining in Africa and trying to compete in a wildly competitive marketing business that so far doesn't even have sales equal development expenses for the entire industry. Forget about the facts that the gems probably don't exist and they are not reporting as a legitimate operation does. Forget that you have no evidence and are basing this on a few phone calls. Remember that there is simply no reason to believe they can make it happen, and a history of reasons to believe they cannot.. Then look for empirical data. You cannot find any that is good. Press releases from the company are, by all professional and reasonable standards, to be classed as junk mail. Daniel if you will take their word for it take mine now. It is EXTREMELY easy to comply with all professionally required reporting/filing requirements. EVERY business that wants to be taken seriously, enthusiastically supports the highest quality disclosure they can muster... especially little known companies with a record of management failure. The reasons for this are many, but summed up as they want you to know just how good of a situation they have going and would like you to invest. By doing this they attract quality investors which is what they need. Traders not only don't help they can hurt as they remove focus from the business and place it on stock valuation. Therefore when ANY professional looks at a BB stock like ABFG it is obvious that the lack of unimpeachable documentation is intended to hide facts that are undesirable. There is sinmply no other explanation. Remember even with full disclosure frauds are relatively easy to perpetrate. IMO companies like ABFG are simply looking for the novice and inexperienced investor who believes what ever they put out in press releases or tells them over the phone. They don't care if you pump and dump as remember they are basically printing their own money through stock certificates. You have to follow the rules if you want to stop being embarrassed. FYI the rules are: Financials on a publicly traded company need to be audit quality from a "Big 6" firm with all notes, supporting documentation and cash flows. The full details on stock ownership need to be filed and publically available. Also the most important rule when doing DD. All this needs to be available from independent sources and prior to ever buying the sotck. The financials should be ready before they even do their first offering. Daniel you know I have supported you, but you are making so many mistakes, and don't seem to care. Go ahead it's your money, but you are really goofing up here. Now for the final point. You are picking ABFG against all reason from seasoned professionals, agreed? You are also taking it as a long term pick, agreed? (by the way if ABFG is a pick IMO it should be very short term). Therefore you are basically saying you know more than every educated self made multi-millionaire. SO... what do you say when the company tanks? You have now lost the moral right to blame them as virtually everyone reviewing this pick pans it except you. Will you accept full personal blame for your lack of judgement? Will you acknowledge that you picked it based on emotion and not fact? You always need to be prepared to defend yourself with FACTS consisting of empirical data. Saying you believed them is not data! Of course if you don't mind losing all credibility you have ever had then I guess it really doesn't matter.

To: Daniel Miller who wrote (5864)	3/22/1999 9:53:00 AM
From: Steven G. Trapp & Company	Respond to of 9115

American Wagering Activates Internet Wagering Site PR Newswire - March 22, 1999 09:41 LAS VEGAS, March 22 /PRNewswire/ -- American Wagering, Inc. (Nasdaq: BETM) today announced they have begun accepting wagers over the Internet from their Australian website megasports.com.au which contains updated odds and accepts wagers from worldwide customers excluding the United States. The launch of the Site follows the extensive licensing procedure and approval by the Australian regulatory authorities. American Wagering, Inc. becomes the first Nevada licensed companies to accept wagers over the Internet. Commenting on the commencement of wagering over the interactive web site, American Wagering, Inc. CEO Victor Salerno said, "We are pleased to announce the culmination of several years of work and effort to create a secure and credible Internet site for the acceptance of wagers on sporting and other popular events. This opens new wagering markets such as World Cup Soccer, Formula I Racing, Academy Awards and other international events. One can only imagine the size of betting pools that will be created on World Cup Soccer. Imagine the citizens of Europe, Asia, Africa, South America and other countries being able to place wagers on their home teams over the Internet with a licensed bookmaker fully regulated by the Australian government. Also, Formula I Racing is the most watched sporting event on television and has the potential of creating large international pools." Salerno continued, "We have been pioneers in the Sports Betting business in Nevada and now have brought that same expertise to the worldwide Internet gaming market. Wall Street recognizes that Internet Gaming has explosive growth potential and we feel that American Wagering is timely and well positioned to take advantage of this growth. Our Internet operation should bring a significant increase in revenues for the coming year. We look forward to continuing the expansion of our international and domestic businesses." American Wagering, Inc., owns and operates Leroy's Horse and Sports Place, the licensed bookmaker with the largest number of sports book locations (48) in the State of Nevada; CBS, the dominant supplier of sports and race book equipment and software in Nevada and creator and operator of Mega$ports. The Company also owns and operates a 150 room hotel/casino complex in Las Vegas and has formed an Australian Subsidiary to operate Mega$ports on the Internet. The statement contained in this release, which are not historical facts contain forward-looking information with respect to plans, projections, or future performance of American Wagering, the occurrence of which involves certain risks and uncertainties including that American Wagering, Inc. takes financial risks on the outcome of sporting events and there can be no assurance that the operations of Mega$ports (ACT) Pty LTD will be profitable and uncertainties detailed in American Wagering's filings with the Securities and Exchange Commission. SOURCE American Wagering, Inc. /CONTACT: Bob Ciunci of American Wagering, Inc., 702-735-5529; or Alan R. Woinski of Gaming Venture Corp., U.S.A., 201-947-4642/ /Web site: casinocenter.com /Web site: megasports.com.au

To: Daniel Miller who wrote (5864)	3/22/1999 10:25:00 AM
From: Jack Johnson	Read Replies (1) \| Respond to of 9115

DANNIEL CITI PICK IS UP TODAY CITI was your pick about two weeks ago. Is news coming out? Thanks Jack