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Microcap & Penny Stocks : Gator's Picks from the Swamp -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (439)	4/6/1999 4:53:00 PM
From: Currency	Read Replies (2) \| Respond to of 616

Read this. investmentfuture.com It states that the there is very little over head. Basically, these internet casinos run on servers and require very little up keep. This article also mentions 70% profit margins. With a few calculations, GOCA should see at minimum $75M in it's first year of casino operation. Using the 70% profit number, this shows earnings of over $50M. Then, take a total of 11M shares out standing (4M in the float), this produces around $5/sh earnings. Add in a small P/E and, well,..... you get the picture. IMO, this is going to go big just like SNMM (double digits) and others have already. This looks like a great ground floor opportunity.