Applied Gaming Solutions - AGC (ASE) Message Board

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Non-Tech : Applied Gaming Solutions - AGC (ASE)

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To: Ross who wrote (431)	8/7/1999 10:46:00 AM
From: Steve Bevington	Read Replies (1) of 509

From August 6th "Perspectives" newsletter which has been following AGC for some time... Alberta Stock Exchange Applied Gaming Solutions (AGC) Perspectives Score - 7 Reference: ags.ca - Applied made a couple of announcements this week, with the most important being the announcement of the launch date for the lottery in Hanoi. The company has sent their management to Vietnam for the event, which is to take place on August 9th. The stock has been trading strong since the news came out, indicating that the market is still looking forward to what is coming. In the news, Applied stated that they expected $40 million in revenues to them over the seven year contract. I believe that this estimate is very low, and look forward to seeing the first sales figure release which should be about two weeks after the 9th of August. Management will be working on the closure of a contract to do Ho Chi Minh City, which is five times the size of Hanoi. Lots of potential for good things still to come from Applied, watch for the stock to make a good break through $1.30 as that is where resistance is right now.

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