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Non-Tech : International Game Technology
IGT 15.10-3.5%Dec 4 3:59 PM EST

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To: George Kirlin who wrote (7)11/22/1996 8:55:00 AM
From: Alan Woinski   of 63
 
George,
I have never been a fan of CSDS only because they have a history of disappointing their shareholders. CSDS at one time was the dominant supplier of slot accounting systems but then IGT and Bally Gaming slowed their growth. They became competitors of IGT in the progressive systems business and IGT has been dominating them.

To me, CSDS' future lies in proprietary games like Caribbean Stud, etc. and their competition there is companies like Anchor Gaming, Silicon Gaming and to a lesser extent IGT and Bally. So, they do have a better chance there.

CSDS did not really do a deal with IGT, it was more like survival for them. They had to strike a deal with the Telnaes technology or they would have really been in trouble so they secured the license from IGT for the technology.

Below $13 a share, I think it is safe to dip into the stock but I would be very careful buying into this one when it spikes.
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