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Old 11-04-2005, 10:25 AM
goodguy_1 goodguy_1 is offline
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Join Date: Sep 2002
Posts: 1,028
Default Re: PartyGaming rubs salt in Empire\'s wounds

I think you are overestimating the value of Dice Casino and Noble Poker.

Having 50% operating margins doesnt mean much if your core business(poker)see a 50%-75%drop in revenues.

I've perused past earnings statements and was amazed at how miniscule revenues were compared to it's market cap...and this was before the [censored] hit the fan. I was looking thru something that looked similar to a prospectus a couple weeks ago..I'll see if I can find it.
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