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Non-Tech : LACI-Latin American Casinos Inc.
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To: Jeffrey Beckman who wrote (10)9/10/1997 10:02:00 AM
From: Crabbe   of 54
 
I don't remember if it was me or Stephane that mentioned LACIW.

In any case the exercise is 7.25 and the call is 13.

This is a difficult to follow stock, the management does not seem to be nearly as interested in communicating with investors.

I got an investor package from them yesterday, it has little information that is not on the SEC EDGAR files.

Guess if I follow this one long I will have to spend some money on the phone and communicate with them by telephone.

I purchased 15000 warrants in my wifes account as a speculative investment and I think Stephane purchased some the other day also. We both are considering it sort of a speculative venture sort of like bying a really long term option.

I think there might be a pretty good earnings susprise here when third quarter earnings come out. It appears so far that the expansion in Nicaraguq, Colombia, and I think Honduras, (going to really have to touch up on my spanish) should be going well.

The warrants were in the money for a short time last year, before the problems with the peruvian government, and the peruvian misadventure.

This one is really speculative at this point but is a super chance to get in on a medium term large increase from the very bottom.

Rod

Dream a little
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