ANCHOR GAMING (SLOT): Will it bounce? Message Board

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Non-Tech : ANCHOR GAMING (SLOT): Will it bounce?

SLOT 0.1000

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Sep 27 5:00 PM EST

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To: Zhivago who wrote (409)	2/23/1999 12:41:00 AM
From: The Irb	Read Replies (1) of 508

You may be right, Zhivago. It seems to me that the speculative bubble in "blue chips" and Internet stocks is stealing the thunder from the overlooked-yet-profitable-and-growing smaller companies. It may take more than 2 or even 4 quarters for the tide to turn, IMO. Don't take my word for it, though---I'm an electrical engineer, not a stock-picking genius. Even so, it stands to reason that a high-growth company such as Anchor Gaming that's trading below 10 (P/E) should gain ground on the rest of the market over the longer term (3-5 years) no matter what happens (e.g. another crash like in 1987). Apparently small-caps are supposed to do best in a recovery from a recession. We're not in recession yet, but I won't be surprised if one does occur in 1999-2000, positioning small-caps for a surge.

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