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Microcap & Penny Stocks : Go Call (GOCA) -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (107)5/16/1999 5:48:00 PM
From: Will Gamble  Respond to of 192
 
Anyone have any ideas concerning the recent
aquisition of Country Star Restaurant by GOCA??

Best regards,

Will Gamble



To: 2MAR$ who wrote (107)5/16/1999 10:38:00 PM
From: Selfmade$  Read Replies (1) | Respond to of 192
 
This post is exactly how I interpreted the GOCA news on Friday,...

This post is from the RB thread published by JBRUCE, I can not understand how any
one would interpret the Friday PR in any different way:

"Finance Prof.'s reaction:
iGaming revenues off 28% from March, but they say their net win was a RECORD
($161K).
That's about 4% of the $4mm wagered; previously I had calculated, from info on their
site, that their edge was about 2.8%.
NET WIN is what it's ALL about; that's GOCA's GROSS PROFIT. That part looks
very good.
Up to now it was "wagering up over XX% from last month"; now it's "record win".
Also, they waited until late in the day so the "market" could have the weekend to
"digest" the news."

OV. notes:

Revenues were below Last month revenues, but Net Win were above last month's Net
Win and a record high.
The only explanation would be that they are lowering their operation costs.

Sounds like a company with a good management, good business plan and a good
handle on present and future strategy in order to become a leader in the business.

Note that number of Casino Players Increased 200% in Past 90 Days, that is a very
good sign for future revenues.

News about Q1 and SEC filing should be out soon.

Over VIewer

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