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Revision History For: Northern Gaming (NGAM OTC TSE, NTGMF OTC BB)

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Return to Northern Gaming (NGAM OTC TSE, NTGMF OTC BB)

Company is competing in the lucrative Indian Gaming casino supply business with Sodak. They have exclusize agreements with WMS (Williams, WMS NYSE) and compared with Sodak that trades 40 times earnings and has a market cap to sales ratio 7:1 ( 600mln mkt cap: 90 mln sales) is at a deep deep discount. NGAM is trading below book and less than 1:1 vs Sodak's 7:1 ratio. NGAM started in Feb 8th of 96 and is well on its way of achieving $17MLN in sales year one. Company plans a full Nasdaq listing with the completion of an offering with Baker Weeks at the end of this month or early October. If anybody out there in the slot business and who knows anything about NGAM that I may be missing pls let me know.