NRAG-NorAm Gaming-Winning The Battle Message Board

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Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle

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To: Carl Jackson who wrote (322)	12/16/1997 6:33:00 PM
From: David W. Tucker	Read Replies (1) of 441

I also find Big's comments interesting. It's too bad he seemed to be in such an enthusiastically bad mood today. I'm still trying to decide if I like the idea of a buyout. I think we're looking more at VP than anything else. Also, it might be a good time (from their point of view) for all the insiders to find outside investors and buy up the outstanding shares and the company, essentially "taking it private". I'm not in favor of this, but they would certainly have incentive to do so. The big money is about to flow, so why not keep it to yourself if it is possible to do so. I've seen it done before. I assure you this is just conjecture on my part. I've heard nothing about this. I've just come to realize that the situation is ripe for such a move. It wouldn't take much cash from an outside investor to do so. The insiders own more than 50%, so they don't need our permission. The float is something like 3.5 mil, now worth about 1.5 mil? These shares could be out of our hands in a flash. Just my opinion. dave

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