Advance Gaming Technologies Inc. (AGTI) Message Board

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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI)

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To: sigmass who wrote (1356)	3/4/1998 8:30:00 PM
From: Kurt A. Altmann	Read Replies (1) of 4539

sigmass, do you (or does anyone else) know the current electronic status of the Texas Bingo halls collectively? You said: << modest assesment by me of market penetration. No. of halls penetrated--------- 250 (out of 500) Units per hall------------------ 50 (out of 100's) >> Are these projections based on the assumption that no bingo halls in TX have electronics today...and is this a fact? What if 25% already had an electronic system, would your projections change? I am not questioning your input, just want to learn more about the real market. I would think halls that already had electronics would not see a justifiable savings by going to another (even if their's was inferior). Or at least, they would be less likely to make the investment. Also, you would probably have to figure some of the halls may choose TURBO or Plus from BTC, in which case, you would probably reduce your figures for Lite (although this is still AGTI revenue). I don't yet know enough about these products to know whether they would likely all be obtained by any one hall, or probably one or the other, but the latter seems more reasonable. Kurt

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