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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (7088)4/22/1999 10:53:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 52051
 
Stock Watcher, why should investors take CSIN +64%today into consideration...

1) Post by C. Phillips, dated 20th April 99:

https://www.siliconinvestor.com/subject.aspx?subjectid=27322

SIMMD has now changed it symbol to CSIN.
Discussion at SIMMD due to symbol change on April 20, 1999. Use link above to get to discussion on Casino Pirata Com Ltd.

Also, for official company news release as to the symbol change you may want to see . . .

Message 9031080

or Yahoo board . . .

biz.yahoo.com;

2) Post by Whisperer, dated 22nd April 99:

Actually the numbers I've been told work out pretty good. Casino Pirata can expect to see gross betting on their site of approximately $5 million USD per month within 12 months of being operational. You are close with your facts, but they will actually earn about 15% of gross bets...or around $750,000 USD per month in income.

What are missing in your statement to Mr. Phillips is that of course you always need good management in any company. So of course buying the franchise is only part of the deal. I'm still waiting to see the CV's on this companies management.

The third part of this equation will be the promotion of the actual site. The company told me they are planning to spend upwards of $1 million USD in advertising their site.

So...unless you have about $1.75 million USD to spend on your own turn key package:

$1 million - Advertising
$250,000 - Shell Company
$150,000 - Casino Franchise
$350,000 - G&A

You might just want to pony up and take a position in Casino Pirata who did just that.


biz.yahoo.com

3) My own views:

I spoke to Jonathan Curshin, a major investor in the stock (not an Officer of the Company), involved in a promotion Company and obviously very bullish on the stock. Here are the salient features:

+ Outstanding: 6.15 Millions + Float: 400,000 (more or less).

+ Market Cap at today's close: $8.8 Millions

+ Multi language versions with thrust on Chinese and Japanese

+ Proprietary horse/dog virtual racing in the process of being acquired and licensable to other gaming sites to provide additional revenue.

+ All the necessary financing is in place and 3 more casinos sites are to be established within 6 months.

+ Estimated EPS, within one year, based on other similar operations: $1.50

Conclusion: CSIN may be another SNMM in the making with the additional virtual racing and the Asian thrust. One thing is for certain, this Company will receive outstanding promotion by professionals in the field. The small cap and tight float should see the share price to $5.00 very soon and $10/15 once the earnings are proven. casinopirata.com

Disclaimer: I am long on this stock and therefore this report should be construed as my biased opinion only.

Regards, F. Goelo + + +




To: Stock Watcher who wrote (7088)4/22/1999 11:18:00 PM
From: Whisperer!  Respond to of 52051
 
Casino Pirata Announces a Strong Interest in Hits

PORTLAND, Ore., April 22 /PRNewswire/ -- Casino Pirata.com Inc. (OTC Bulletin Board: CSIN - news) is pleased to announce that it has been experiencing a strong surge in daily hits to the casino website. The planned opening is scheduled for next week.

In today's investment climate, there is no more exciting or lucrative opportunity than those existing for Internet-related companies. Still in its relative infancy, the Internet is one of the fastest growing industries in the world.

Casino Pirata.com, a theme-based Casino and Sportsbook will soon be offering Vegas-style casino games such as blackjack, roulette, pai-gow, and craps along with wagering on professional sporting events such as the NFL, NBA, NHL and Major League Baseball. The Company's website is located at casinopirata.com.

The company plans to differentiate itself from other casinos by offering the site in multiple languages. ''We intend to aggressively pursue foreign markets such as China, Japan and Latin America,'' stated President Paul Stringer.

In the United States gaming has become acceptable. In many other countries and cultures, gaming is an accepted part of life. Gaming is also an extremely profitable industry. In 1997 total legal wagers in all gaming venues in the United States alone were over $500 billion.

No longer a vision of the future, today the Internet is accepted and utilized worldwide. Pegged by Microsoft's (Nasdaq: MSFT - news) Bill Gates as the ''gold rush of the 90's'', the Internet is the road to untapped profits.

The on-line population is expected to quadruple to almost 200 million users by the turn of the century, as more people turn to Cyberspace for information, commerce and entertainment.

By combining one of the world's most profitable and oldest industries, gaming, with one of the world's fastest growing and newest industries, the Internet, the possibilities are astounding!

The potential profitability of Internet Gaming comes from the Internet's global reach. Personal computer sales in ''developing'' countries are increasing at a rate twice that of the United States. The more computers in the world, the more people on the Internet. Given the cultural propensity of many of the ''developing'' countries for gaming, one can forecast an explosion in Internet Gaming.

With the ability to recognize and commercialize the services people seek, CasinoPirata.com is poised to be at the forefront of the Internet Revolution 24 hours a day, 7 days a week, 365 days a year.

Statements in this news release may contain forward-looking information within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those Sections. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of CasinoPirata.com (CSIN) are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. CasinoPirata.com assume no obligation to update information contained in this release.

CONTACT: WorldVision Financial, 888-345-6060.