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Non-Tech : LACI-Latin American Casinos Inc.

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To: Jeffrey Beckman who wrote (1)3/25/1997 3:51:00 AM
From: Bob Monski   of 54
 
I dont see the stock doing much in the near term. Its going to take SOME results in all these new countries and I`m not clear on how well thats going. I expect earnings to be released soon and I`ll call over there. Hopefully Peru isnt deteriorating any further.
The VALUE is in the stock assuming they can DO something with the machines. When and IF things get rolling elsewhere they could take the stock higher. At $2.50 its fairly valued i think.
I`m fortunate to have sold most of mine at much higher prices but then I bought warrants which havent done well at all.
I do think the warrants have potential as I really doubt they`ll let them
expire worthless. The spread is huge though.
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