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Non-Tech : Northern Gaming (NGAM OTC TSE, NTGMF OTC BB)

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To: W. Michael Cool who wrote (39)12/21/1996 2:13:00 AM
From: Grant Dawson   of 90
 
Mike:

You're right they could get their equipment elsewhere. The catch is though, Jack Deremer (Founder and President of Wolf Gaming, Northern Gamings subsid) is an ex-Bally's man. Bally's, Midway, Williams are synonymis names in the gaming industry and these products are essentially the core line-up of what gets sold by NGAM vis a vis Wolf. The exclusive distributorship that Wolf has contains a minimum sales requirement.(This is stated in SEC filings) As we saw in the recent news release sales have been less than stellar. I don't think they want to get their machines elsewhere and run the risk of loosing their Williams distributorship. Williams is one of the biggest names in the business. Just a thought.

Grant
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