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micasey123

03/15/05 12:37 PM

#404 RE: Major_Bankz #403

OT GLKCE-I agree ..it's interesting to see how this will play out.
AEXCA- I 'm waiting for low 30' or hi 20'.
and i found this ACGI .I don't if it's true .It was posted by DARbulls.

*** HUGE SPIN-OFF PLAY ***

Angel Citi (BB:AGCI), a Florida-based online gaming software provider and soon-to-be casino operator (Turks & Caicos acquisition pending) can be bought in small lots at $1.90 or so. The stock is thin, so use limits a bit above the ask.

On March 23, ten days away, they will spin off 1/5th of a RESTRICTED share of Midas Entertainment (PK:MDAS, bidding 7.50), a poker software provider to several sites whose stock has been hot as a pistol. In other words, at $1.90 you get to own a share of AGCI, which is about to move to the Amex, plus $1.50 worth of MDAS for nothing. Both companies have seen explosive revenues lately in a very hot sector. Market Advisors' report on AngelCiti has a "near-term price target of $4.65".

What the press releases won't tell you is that the MDAS shares only have 6 months left before they are registered, on the one year anniversary of the original spin-off. They're likely to trade on the BB, and they may even split, given the current price.

It's all in the public record. Use your own judgment, do your own research, and remember, even I have been known to be wrong once in while... ;-)