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This is from egrmagazine:
Party unveils profits as it moves towards IPO
Poker giant Party Gaming has revealed 2004 profits of US$391m and appointed two non-executive directors in a sure sign it is going ahead with a US$10bn listing on the London Stock Exchange this summer.http://www.egrmagazine.com/cgi-bin/articles.pl?id=745&action=display§ion=44
Go Party!
:chearlead
Those are incredible numbers. $10B expected market cap. 65% profit margin. Most Fortune 500s would salivate for those numbers.
I will probably sell off everything I own, cash out the 401K, and place it all on the Party IPO……..Okay I won’t get that extreme, but if I can get in on the IPO, I think it is going to be a solid investment. Look what Neteller’s pps did after it went public.
