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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 238.47+1.2%11:20 AM EST

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To: Stock Watcher who wrote (17074)10/21/1999 1:44:00 AM
From: Dave Gore  Read Replies (2) of 52051
 
ABET Watch: Steady volume and rumors

1) Rumor of European buying group coming in...watch volume increases; makes sense since ABET is primarily targeting Europe's $55 Billion plus in Lottery revenues (1997 stats)
Heavy marketing set to begin.

2) Perhaps a unsolicited Buy recommendation coming; company was interviewed (no guarantees here)

3) First Lottery game ever with patent-pending Instant Draw system. No waiting to see results of Lottery bet. To be displayed within days on website according to CEO. Private beta essentially complete and public version will be up very soon unless they run into any last minute issues. Watch the website at 649.com

Most might want to wait until they see the game to invest but some are accumulating now. No software downloading and odds of 1 in less than 14 million of winning $5 Mil. Prizes for 3, 4, and 5 of 6 too.

Stay tuned and check the thread for more DD. This is NOT a "same ol' gaming stock". Totally different approach for a piece of pie in the $125 BILLION LOTTERY INDUSTRY. No competition at all at this point in this instant draw, no waiting niche area.
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