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Non-Tech : SILICON GAMING INC. (SGIC)

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To: CJ Owen Critchley who wrote (275)1/30/1998 10:05:00 AM
From: Guy E. Fleming  Read Replies (1) of 369
 
It seems that SGIC is developing its new and innovative product in accordance with its strategic plans and the ($0.49) is in keeping with expectations. If you bought this stock for its long-term prospects, why would you sell here? Actually, this drop in price presents more of a buying opportunity or a chance to "average down" unless there is news which is not discernable as yet. The fundamentals are sound unless people feel that the entire gaming industry will go through tough days because of the Asian crisis and reduced gambling by citizens of that geographic area. I doubt if that'll have much direct effect on this stock unless casinos decide to stop buying new machines -- very unlikely in such a highly competitive industry. Any other views?
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