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Non-Tech : NORE - High Tech Bingo Equipment - Online Bingo
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To: Ed Pettee who wrote (3964)9/4/1998 3:25:00 PM
From: David W. Tucker  Read Replies (1) of 7701
 
So far, the response to the new FAQ has been tremendous and very satisfying to us. We realize that those who have an interest will take their time studying the company and will gradually buy in if they like what they see. Also, most of the people likely to buy NRAG are already fully invested in the stock market, so it generally takes at least several days to make money available for a purchase. I think it takes time to see the result of the FAQ, but it has to be taken in combination with the facts. Everyone has to decide for themselves if NorAm is a good stock for their investment portfolio.

Personally, I feel the best shareholder is one who is buying in now for at least a two year hold. NorAm is a developing company whose profits will have to be put back into the company to promote growth. But anyone who has played with the numbers knows how huge an opportunity this is.

I've always wanted a good opportunity to get in on the ground floor of a gaming company, especially one involved in the infrastructure of gaming. The way these TB deals will be set up are very profitable to the JV. It's not like they sell someone a gaming system and then say goodbye. They get a very nice piece of the action.

I know of some new people who have definitely bought the stock in the last 24 hours because of their recent discovery of the FAQ.

However, I also realize that NorAm is still implementing their new projects (such as TB) and some will wait to see how it goes, or at least wait for confirmation of further developments. At a minimum, I know there is a growing group of new lurkers watching the company. As newsworthy events occur, the FAQ and the company's website will be there for them to conduct their research and form their own opinions.

We're spreading the word on the FAQ, but it's a very gradual process. We can't go around spamming SI and every other internet community.

A nice long weekend ahead. Good luck.

dave
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