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Non-Tech : LACI-Latin American Casinos Inc.

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To: Crabbe who wrote (22)9/28/1997 9:43:00 AM
From: bill vickery   of 54
 
You know , Rodney, it is human nature to not invest in really speculative situations. This is a good thing for us investors, or we would lose all our money. I am sure that people who did invest in BNGO at the beginning only invested a little. Case in point - ABTX - I have followed for a year, and could easily have bought five thousand shares at 2.00 a piece in DEC 1996. I bought a thousand at 3.00 and sold them at five. I really like the company, and BI RESEARCH had a BIG recc on it, but still this is what I did. I could have made 30,000, but only made 3000 (5 bagger in 9 months; see, these situations are EVERYWHERE). I now buy and sell this stock in the 9-10 range, wishing I'd really bough alot at 2, and regretting the past. But this seems to be human nature. I am sure BNGO holders have done this, and certainly LACI holders will do it too. I agree with your attitude about not regretting the past and looking for the next "lifetime buy" which really is always around the corner. When I sold real estate, we had a saying "The buy of a lifetime generally comes around every two weeks, if you have your eyeys open". You are a good analyst. I will follow this thread to see the developments. I will probably wait until the path is more clear (like it was, in May, for BNGO). Besides, all my risk capital is tied up in BNGO and ONSS warrants. (and I will settle for a 2-3 bagger as long as I can find enough of them over time; I don't have to hit it BIG.)Keep posting in your usual great fashion. I think the people following this company, BNGO and even ONSS are winning people I should stick close to; I like to be around winners

Bill V.
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