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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (8960)11/15/1999 11:04:00 PM
From: James Clarke  Read Replies (1) of 78625
 
Didn't J (Jackpot) blow the cash to take over Players Club a year ago? Did that deal fall through? I looked at J two or three years ago and almost bought it for the large cash balance. Looking at the chart, good thing I didn't. I don't think SLOT is the right sell, though. Prospects are getting better, and they have a few aces up their sleeve. The stock remains cheap - when I bought it in the low 40s, I saw a valuation of 70-90. Look for them to land the New York Lottery contract for the next leg up.

JJC
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