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Monday, August 08, 2005

WPTE!

I finally bought WPTE stock today... $17.15... If they can make any kind of dent into the online marketplace, with the use of the powerful WorldPokerTour name and advertising exposure, it will work out fine.

In any case, the market cap is like $350mm.... I wonder how much PartyPoker spends in advertising on the WPT weekly shows? It'd probably be cheaper for Party to just buy WPTE!

Party's (PRTY.LN) market cap is about $9 BILLION by the way...

-KD

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