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

To: Matt Brown who wrote (1457)	5/30/1999 11:51:00 PM
From: Matt Brown	Read Replies (2) \| Respond to of 5041

All should read this article by this analyst-- Gaming on the Internet...article Merging the world's fastest growing industries, the Internet with the world's most profitable industry, legalized gambling, can lead to only one thing....billions of dollars in profits. Currently, gaming in the United States alone is a $500 billion a year business and growing. That's twice the gross revenues of the U.S. movie industry. Simply put, gambling is quickly becoming the national pastime. Impressive as that seems, Internet gaming is not restrained by national borders. Internet casinos will actually tap into a worldwide market for gaming of over a trillion dollars per year. As for the Internet, the numbers are even more staggering. There are an estimated 50 million users today, with another 10-15 million users hooking up every month. In fact, according to Christian Thommesen, VP of IBM there are expected to be 500 million regular Internet users by the year 2000. The combination of these two industries provides a window of opportunity that is simply unprecedented. This virtually untapped market is wide open to investors who take action now to position themselves in this exciting new business. "If you are not invested in this sector, you could be missing the biggest thing since the PC or telephone." Henry Blodget, CIBC Oppenheimer Growth Charts - 209.216.24.152 ---- Is that enough reason to justify my strong liking of GOCA? I think so. FM