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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY

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To: rick f who wrote (2826)6/21/1999 2:05:00 PM
From: Jorjenzak  Read Replies (2) of 2909
 
KEEP IN MIND the Costa Rica deal for shareholders of record was couched in terms of "maybe" not a done deal. I do not see how the company could justify the cost unless we are doing VERY WELL by then and the number of registered shareholders is relatively small compared to the O/S.

PEOPLE you must remember, as we obsess over the recent revelation and price action, that the fundamentals have not changed. The risk is still the same for this company. So are the potential rewards.

The technology and the plan are still there and still being executed upon by the team Tom has assembled. The team is Tom's defacto board, as are all of us who take the time to contact him or make suggestions through the thread postings or e-mail. At least that is my perspective.

I agree with Ron M. to the extent that at some point this company needs a real board of directors to help with decision making and to bolster shareholder confidence that decisions are being made upon more careful consideration. In the end the vision is Tom's, the control is obviously in his hands by the shares he controls and the ultimate decisions will be his. We know this and bought knowing it so we can't bitch.

The fact is, if you were comfortable with BETT and what it can do in the future then you still should be IMHO. If not, then rethink your position. This bump in the road is a good time to reflect. This is a start-up, not GM. I would like to see it become more like GM as it grows but that is something that develops over time. I did not buy GM, I bought BETT with eyes wide open and the reasons I bought are still in place. It is good to locate and examine problems but let us avoid becoming over-wrought about them to the exclusion of the other important factors in looking at this company.

I have taken a step back to reflect and determined that I am still long and strong!

GO BETT!!!
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