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Non-Tech : LACI-Latin American Casinos Inc.

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To: EenieMeenie who wrote (32)10/13/1997 5:22:00 PM
From: scam buster   of 54
 
The warrants HAVE been extended to '99. Even then I doubt they'll let them expire. No reason to. But at the same time with $4 million in cash they sure dont need the $$. Hey Lloyd !! How about a one time cash dividend of $1 per share ???

Glad to see this stock moving up. The value is in the STOCK at these prices its just going to take TIME to see earnings materialize.
I'm not looking for much more than 1-2 cents in earnings for the next 2 quarters anyway.
Dont know what to think about the cigar business. I havent talked to them about it yet. I would say their investment is probably low as well as the downside risk.
The real key in placing machines. Can they do it ? If they do it well, we could have a $7 stock again, If not, it'll languish in the $1.75-2.25 range.
I've owned this stock since $1.12 and sold most of it in the $5-7 range. I do own some warrants too.
I wouldnt reccomend the warrants as they are pretty speculative. The only reason I bought them was because I sold SO much stock at higher prices I wanted to retain the upside in case the stock kept going up. It didnt and now I'm under water on the warrants.
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