SILICON GAMING INC. (SGIC) Message Board

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Non-Tech : SILICON GAMING INC. (SGIC)

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To: HiStakes who wrote (332)	9/24/1998 7:47:00 PM
From: LordDarley	Read Replies (1) of 369

Although I sold before the big decline, I still follow this thread. The SGIC story is so intriguing. However, I just don't see how this undercapitalized company can survive against IGT. IGT is so prosperous it can "market" by essentially buying its way into casinos. Let me give you a real life anecdote. Friends are presently considering opening a small racetrack in a state where casino gambling is not yet authorized. IGT is already on the spot, with an offer of financing if they get a first right on providing all of the slots (approximately 1000 if legislation passes). How does a dinky little start-up like SGIC compete with this? They are only going to get crumbs. This is a dumb stock to own if you bought it anywhere near the IPO price. Good ideas do not always lead to profitable investments. Regards, LD

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