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Non-Tech : SILICON GAMING INC. (SGIC)
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To: DAVE39 who wrote (355)8/12/1999 11:00:00 AM
From: BMASS5306  Read Replies (1) of 369
 
Talked to PR yesterday. I had thought that the recent price drop was in part due to the patent infringement lawsuit. I was way off, it seems as though the management ran this puppy into the ground. 20 million in revenues, 10 million in expenses is just one of the examples I was given. John said that earnings should be a little better than expected, and that the restructuring would involve more shares issued. Reverse stock split was mentioned but hopefully we can see the 2 to 3 dollar range before that happens.
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