LACI-Latin American Casinos Inc. Message Board

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Non-Tech : LACI-Latin American Casinos Inc.

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To: Tom Hofmann who wrote (5)	7/21/1997 8:26:00 PM
From: Jim Langdon	of 54

Laci seems real tempting at these prices again especially with their recent buyback announcement. NORTH MIAMI BEACH, Fla., July 7 (Reuter) - Latin American Casinos said Monday its board approved the buyback of up to 500,000 shares of stock. The company has 3.3 million shares outstanding. The company said repurchases can be made through open market transactions, privately negotiated transactions, or otherwise at prices and times determined by management. The company also said it has set September 1 as the payment date for its special $0.05 dividend declared on May 14. Latin American Casinos is a slot machine rental and company. 12:29 07-07-97 Doesn't seem to be too much downside risk and upside could be an easy double!!! Any thoughts?

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