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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Matt Brown who wrote (1222)	5/16/1999 3:45:00 PM
From: Selfmade$	Respond to of 5041

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