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Non-Tech : Lake City Gaming: LCG-V

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To: Jerrold Annett who wrote (36)11/25/1998 2:46:00 PM
From: K. Anders  Read Replies (1) of 124
 
On the basis of your info, it looks like this coming year will show in excess of $0.40 per share net earnings. This should mean it will be trading much higher than the $4.00 range. I see that the price has come off a bit on low volume today... This makes it even more attractive at these prices.

I spoke with the company and heard that the AGM in Kelowna (Nov. 23) was well attended and those attending were pleased with the information received and prospects for the coming year. I was told that there were a mixture of brokers and investors there.

I wonder if the Okanagan communities have jumped in and are supporting this stock? The IPO was done in Vancouver with Goepel McDermid and I'm not sure whether the Okanagan offices participated. Usually the Okanagan region supports their "home-grown" projects very well, like Diamet, for example. I hope these guys don't overlook a great opportunity like LCG that's sitting right in their back yard!

Karl
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