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Non-Tech : LACI-Latin American Casinos Inc.

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To: VALUESPEC who wrote (13)9/15/1997 10:25:00 AM
From: Crabbe   of 54
 
As long as LACI doesn't have operating losses it will make a profit of about 1-2 cents per share / quarter due to interest on the 4+ million dollars. Interest should conservatively run around $200-250K / year on the interest, I am hoping/expecting a 4-5 cent profit in 3rd quarter and IF I see that I will consider expanding my holdings here.

Otherwise I can wait until something good or bad happens.

Rod
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