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Welcome to Bibliophile's Penny Picks 3/7 NPSC Update: After closing at 2.46 on 03/03/2000, National Paradigm gapped open this morning at 2.59 then dipped to 2.37 before rallying to a close of 2.62 on heavy trading. More than 346,000 shares of the stated 500,000 share float traded hands and buyers were again having trouble filling orders. Several avowed longs on the RB message board claim to be in for the long haul and will not be moved to sell. When this one pops, it is going to be monstrous. In my opinion, the only thing holding it back from $6 is the extremely low number of shares. Market makers are afraid to let it run because of the certainty of going short and being unable to cover. ***CNTY Alert*** Current Price: 1 1/8 Shares Outstanding: 21M Float: 7M Insider-Ownership: 52% Employees: 200 EPS: .13 Century Casino (NasdaqSC: CNTY) is an international casino management company headquartered in Cripple Creek, Colorado. It owns a casino in Cripple Creek, Colorado and has management rights to a casino located in the newly-built 5-star Marriott Hotel in downtown Prague, Czech Republic. As part of the Marriott agreement, the company receives 10% of the gross and 45% of net profits for a period of 20 years. Century Casino has also joined a consortium applying for permission to build a casino in the town of Caledon, South Africa. Phase one of the project provides for a casino, (with approximately 250 machines and 12 gaming tables), the refurbishment of an existing 98-room hotel, a spa built around the thermal waters on the site and includes restaurants and other entertainment facilities. The total cost for this phase of the project is approximately $17 million (US Dollars). Century Casino's investment will total 4.1 million in exchange for a 50% stake and managemewnt rights for 20 years. Phase two of the project will produce a golf course and up to 350 residential units. The consortium has been granted "successful applicant" staus and final details are expected to be completed within 60 days. Century Casino expects to fund their portion with available cash. Caledon is a one hour drive from Cape Town, South Africa. Century Casino's mainstay is the Womack Casino in Cripple Creek. Century is firmly rooted in the town and recently announced plans to build a 500 seat Cripple Creek community center next to the casino. The center will host civic events, meetings, conventions, shows, and other special events. The news prompted Cripple Creek Mayor Tom Litherland to declare it "One of the best things to happen to this town since the casinos opened their doors." Benefitting Century Casino will be the move to house their business offices in the new center, thus making more room for gaming tables and machines in the casino located next door. Century Casino is a profitable company with a long history of financial stability. The following numbers are taken from the company's Nov 99 10QSB on file with the SEC, for the nine months ending Sep 30, 1999: Revenues: 16M (up 19%) Share of Market: 18.3% (up 1.7%) Food and Beverage Revenue: Up 5.9% Gross Margin: Up 2% to 61% Admin Expenses: Down 2.4% to 24% Cash and Cash Equivalent: 4M+ Line of Credit: 10M revolving credit with Wells Fargo Bank Revenues remained strong despite start-up costs associated with the Prague casino. Once the Prague operation is fully outfitted and upon final approval and commencement of operations in Caledon, Century Casino profitability should rise astronomically. Already, the company is tremendously undervalued when considered in relation to the industry and sector. Why to invest: Management, first and foremost. Shares have held at 21M, although 50M have been authorized since 1996. Management prefers to fund expansion through available means, thereby protecting investor equity. The terms of their management deals in the expansion casinos are truly amazing. Growth: The company will soon be operating three casinos in prime locations. Stability: The fact the company trades on the NasdaqSC as opposed to the OTCBB is proof of that. Insider confidence: Insiders are accumulating. http://biz.yahoo.com/t/c/cnty.html http://www.quicken.com/investments/insider/?symbol=CNTY Value: This company is a steal at its current price. Check out the comparison figures and you will see that although this company outperforms the industry and sector in nearly every category, it is undervalued by a factor of 2.5 to the industry and 4 to the sector! This would translate into a $2.50 to $4.00 price range per share, and that is not including the revenues from Prague and Caledon. This is a sleeping giant that has been tickled by consecutive days of above average trading and will represent an easy double or triple as it rises to its true value. Get in now! Links: Financials: http://www.sec.gov/cgi-bin/formlynx.pl.b Profile: http://biz.yahoo.com/p/c/cnty.html News/Quote: http://finance.yahoo.com/q?s=cnty&d=t Comparison Chart: http://www.thomsoninvest.net/cgi-bin/tipsheet?ticker=cnty http://www.quicken.com/investments/discuss/?symbol=CNTY
03/04/00 Hello. I am still learning the penny stock business but have realized 6,000% gains since starting with $200 on Jan 14, 2000. I have been very fortunate and (I like to think) very discriminating in the picks I have made. Much of my profit has come not only from knowing what to buy, but more importantly, when to sell. If you are not able to babysit your stocks, you will be at a real disadvantage. I am sure gains can also be made by holding long in the right stocks, but I have been successful with my lightning strikes and will continue to operate that way. Please keep that in mind if you follow my picks. That said, I do think this first pick has the potential to be a great long-term bet as well as a great short term pop. Here it is: *****NPSC Alert***** 4,000,000 shares issued. 500,000 share float CEO recently accumulated an additional 450,000 shares New Paradigm Software (OTC:BB NPSC) is a web site development company with a customer list that includes Novartis, Motorola, New York University, Parent Time, and The Association of the Bar of the City of New York. New Paradigm has several proprietary Internet software products, which are instrumental for clients to build and maintain an effective and efficient web site. The Company intends to develop separate businesses based on these Internet products as resources permit. New Paradigm has created more than 20 web sites and charges $60,000 - 120,000 per site. New Paradigm also owns three award-winning ad gaencies and plans to add more. New Paradigm's earnings for the 9 months ended Dec 31, 1999 were 3,962,111. This represents a 112% increase over the previous year! Revenues from continuing operations were up 134% over the previous year! Samples of Paradigm's work can be seen at http://www.programpet.com http://www.abcny.org http://www.scps.nyu.edu This stock has risen 95% in the last two days of trading, finishing at 2.46 Friday (03/03/00) as MM's held it back due to lack of sells by current stockholders!!!! The sentiment on the RB message board is they are hanging on to a grossly undervalued company. Can't say I blame them, but expect their resolve to melt as Monday's buying pressure forces the ante to a level where they feel comfortable selling half their shares and keeping the rest for investment (that's a hint to stockholders of record (don't be so greedy!)). Note to New Paradigm execs: Issue more shares or initiate a split - lots of new investors want in!!! Links: Financials: http://www.sec.gov Quote and news: http://finance.yahoo.com/q?s=npsc&d=t Web Site: http://www.newparadigm.com/ This week's pick at InsiderStreet.com: Bib's Analysis: Short term pop/long term bonanza!
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