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FireOne - NETeller e-wallett competitor

June 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • FPA
The online gaming market is forecast to grow at  16% compoundfor the next five years. One company we’ve already recommended as aplay on this is NETeller, which operates an online payment solutionthat acts as an instantly accessible electronic wallet enablingconsumers to purchase goods and services over the internet. Most of itsrevenues currently derive from handling online payments for the gamingindustry (for customers wagering in online casinos or playing poker). We have updated elsewhere on NETeller’s latest quarterly growthstatistics which show average daily signups  running  at2,862 and total membership over 1.5 million. The pathfinder prospectusfor NETeller’s closest counterpart, US-based FireOne, has jus ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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