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Non-Tech : Gaming Lottery Corp (GLXW) - Good Prospects?
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To: TLCervantes who wrote (23)5/28/1997 9:56:00 PM
From: K.J.Devine   of 473
 
TLCervantes

Where is this companies market, without the United States???

Also, the cash is getting burned up fast with development costs, that is why they took a .26 cents share loss last quarter and the expenses will continue thru until 98. Then in 98 when they deliver something how do they make revenue. They will never overcome the legal issue. This stock is like a roller coaster, one quarter it's up the next the next it drops like a rock.

I suggest all should stay invested why it's up, but when it falls it's going to drop like a rock. My T/A now shows that the majority of the trades are very bearish over the past several day's and 100 share buy's have been placed at times when the price drops. To me it's looks like a MM game that will soon come to an end.
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