A Brief WeekEnd Run Down on GOCA --
From Rob-Art-
A very good post by ROB_ART
((((((( GOCA )))))))
STOCK COMPARISIONS
UBET Stock - $19 3/8 Yearly High - $24 1/2
Youbet.com, Inc. reported results of operations for the three months ended March 31, 1999. The Company generated $460,606 in revenues, and reported a net loss of $2,147,058 or $.15 per share for the three months ended March 31, 1999, as compared to a net loss of $2,829,903 or $.29 per share for the three months ended March 31, 1998.
SNMM Stock - $10 1/2 Year High - $17.00
Starnet Revenues for the third quarter totaled $2,665,559, an increase of 228.2% from $812,177 during the same period last year, and an increase of 49.6% from the preceding quarter. Net operating income for the third quarter increased to $904,982 from $186,726 for the preceding quarter and from an operating loss of $553,631 for the prior year quarter. Net income for the third quarterincreased to $888,421 from $247,747 for the preceding quarter and from net loss of $569,256 for the prior year quarter. Earnings per share (basic and diluted) for the third quarter was $0.04 compared to $0.01 for the preceding quarter and ($0.03) for the prior year period.
For the nine months ended January 31, 1999, revenues totaled $5,984,175, an increase of 167% from $2,242,246 during the same period last year. Operating income increased to $1,214,477 from operating loss of $850,552 for the prior year period. Net income increased to $1,238,684 from net loss of $897,434 for the prior year period. Earnings per share (basic) was $0.06
compared to ($0.04) for the prior year period.
Net cash generated from operations for the nine months ended January 31, 1999 increased by $1,666,877 to $1,215,474 from ($451,403) for the same period last year. At January 31, 1999, the Company had $860,372 in cash and cash equivalents and $1,229,431 in working capital.
GOCA Stock - $2 1/2 Year High - $6.00
Go Call Inc.'s revenue for the quarter ended March 31, 1999 increased 351% to $11,181,635, compared with $2,479,793 for the year ended December 31, 1998. This represents a net loss
of $320,673 or less than $0.02 fully diluted
per share for the quarter ended March 31, 1999. Along with the record revenue growth, Go Call Inc's balance sheet showed total assets of $4,911,253 and total liabilities of $381,448
at March 31, 1999. Look how fast their EPS
loss is dropping..From .15 to .09 to .02 all within a few months span. Amazing. This is what
I call an undervaluation!
EVALUATION
Several analysts believe the company is currently undervalued in light of the revenue growth shown in the first quarter alone. Sterling Investment Services Inc. sterlinginvestments.com , and Provest Capital provestcap.com , independent research and investment management firms, have a buy recommendation on Go Call Inc.
with a price target of $8 per share. Go Call Inc. is also featured in Cashcow Magazine Online cashcowmag.com
A newsletter from thisweekspick.com
Here is what they have to say.....
GOCA: News Out. 351% increase in revenues for this quarter over all of last year! We have
also heard that the CEO is being wined and
dined by various Large Vegas Casino chains.
(are they considering expanding into CyberGaming?)
biz.yahoo.com
STOCK OF THE MONTH has it listed.
Check out this site to see for yourselves.
sotm.com
then look in the "Hot Picks" section. It is Tip #1575
I say it again, GOCA'S 1 Recent Quarter EXCEEDED
BY 3 1/2 TIMES, ALL THE REVENUE FROM 1998!
Also, check out our report: clubfatt.com <--use MS IE for now!
There is a whole lot of optimism surrouding not only our gem GOCA, but the whole sector in general...
"If you are not invested in this sector, you could be missing the biggest
thing since the PC or telephone."
Henry Blodget, CIBC Oppenheimer
Please keep in mind when thinking about investing in GOCA. This is clearly no Pump and Dump Operation. GOCA is the real deal, with real $$, and real management!
Keep in mind, they recently brought on the Director of Finance from Exxon. Do you think a big dog at Exxon would leave if he didn't see a lot of potential in GOCA? I think not.
All we have heard about is the casino revenues. Keep in mind that this is one of many of their operations. They have 2 more casinos coming. They also did quite a bit of advertising about 1 week ago. We haven't seen the numbers on that... UP to the last PR, we had NO advertising!
The stock has the potential to really move. The volume was up about 10x what is normally was and only up 50%..Come on. If you think a 50% move is big, wait until June. They will be fully-reporting in June sometime and by the end of the summer they will be a full-NASDAQ stock. That is the plan.. Could GOCA be the first online Casino company to get analyst recommendations?? Stay tuned. That guy at Oppenheimer sure does like the sector.
Also, GOCA has practically NO DEBT, but with many assets. The last number was around $5 million, but I heard it was higher on some report..
Expect things to light up really big in the next few weeks. This is not a short-term play for me. I have been in this for about a month or so now. Would I do all this research and talking to the company to sell out quick? Nah.
Also, do a search on this Thread and read the notes from the meeting a guy from Club Fatt!, Ryan Hay, took when he visited GOCA HQ.
Lots going on.. I know this is a long post. If you have specific quesitons, feel free to look at the report or email me!
Fatt Matt
mrfattmatt@hotmail.com
clubfatt.com
clubfatt.com <-- USE IE!!
Have a great week! |
