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Pastimes : Home on the range where the buffalo roam

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To: Pedro Joaristi who wrote (12913)	4/23/2004 3:51:06 PM
From: Sig	Read Replies (3) of 13815

<<<What's your LT view on IGT following the earnings report?>> Long term view unchanged-looks solid. Company met on earnings and beat on revenues. Company says they actually beat earnings by 2 cents, if one looks at the extra charges in the proper light. States need revenues, will permit more gambling. Casinos need bigger fancier machines, so replacement is high. Recent dip caused by expectations being too high, from profit taking when market shakes as it just did, and an article about Mgam having to re-classify their Indian reservation deals in a way that may reduce their profits to a paltry 30%. Should not apply to IGT. IGT, along with tsco, agi, and a few others are ones I rate as too risky to trade much . They can sit around, drift down for weeks and then zap, they are going back up for no apparent reason. Sig

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