Lake City Gaming: LCG-V Message Board

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Non-Tech : Lake City Gaming: LCG-V

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To: K. Anders who wrote ()	10/24/1998 9:47:00 AM
From: Jerrold Annett	Read Replies (1) of 124

Hey David & Karl, Good things to come in next 4 weeks!!! Two anouncements are in the works. The first is about LCG's "Game Plan" 1) The opening of the new Vernon Casino in late November with an additional 100 slots 2) The opening of the new Grand Okanagan Casino in Kelowna scheduled for April-May. This will have 30 gaming tables plus 300 slot machines 3) Tentative plan to open a new Penticton Casino in 1999. 4) Possible acquisitions of more casinos in other provinces. The other anouncement will be in early November (Q1 results). I hear through the grapevine that Q1 net profit was better than all of 1998. This means that the earning per share for the quarter was greater than 10 cents per share. Trading now at only $3.00, the PE ratio is only 7.5. With all of these expansions at existing casinos (plus absolutely no competition in the area) this stock will fly in the coming months. I am in and patient for an easy double within the next 6 to 8 months. P.S. I hear that October's revenues are on par with the record breaking month of September. I love slots! How about you? Jerrold

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