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Gold/Mining/Energy : Software Gaming Corp. SGMS/CDN-OTC

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To: Mark Hollenbeck who wrote (1962)2/23/2000 10:44:00 PM
From: Hylas  Read Replies (1) of 1968
 
Lord Ernie, you know how long I have been in this stock. I finally got in touch with the company and they have indicated a few things to me.

1) There is no new news coming in the short term unfortunately.

2) The financials will be coming out fairly soon. They have supposedly cleaned up their balance sheet. This is positive.

3) They informed me that they had enough cash to stay in operations. BIG PLUS.

4) The president will call me on Thursday or Friday. He has been out of the office as of late.

Given this information I don't understand the run up, however if you are long term I think Amadori will turn the ship around. They have increased their marketing expenses for their online casino as per their contract with CRY.

In the next six months I am looking for them to JV their Chinawire out to someone with the financing. Also something with their Bingotown.

These are not short term items however.

This is all my opinion from a person who has had an interest in this stock for a long time. If you doubt me look at the other Silicon SGMS thread.

Hylas
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