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Non-Tech : Shuffle Master, Inc. (SHFL)

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To: Jan Garrity Allen who wrote (119)1/31/1999 2:16:00 PM
From: Ron Bower  Read Replies (1) of 230
 
Jan,

Looking at SHFL.
How serious is the lawsuit against them?
Have I understood it right that they will no longer be selling shuffle machines with preference to leasing?

I am now in the Gold Strike Casino at Jean, NV (Circus Circus owned) where they are trying out the 6 deck ShuffleMaster. Discussion with pit crew indicates they like the machine. I got the impression that they will be keeping it. It has definitely increased the number of hands/hour and players are less likely to leave the table.

This isn't the reason I am looking at the stock. I ran into someone from Minnesota that is familiar with the company that just bought based on some 'street rumors' that seem plausible in my initial research. I will be talking with him again today and want to do some more research before I pass it on. I don't normally buy on street rumor unless research indicates it to be valid.

Would appreciate any info you might provide on my questions.

TIA,
Ron
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