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Non-Tech : ANCHOR GAMING (SLOT): Will it bounce?
SLOT 0.10000.0%Sep 27 5:00 PM EST

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To: Tyler Mayoras who wrote (419)3/4/1999 8:15:00 PM
From: dr.john  Read Replies (1) of 508
 
Unfortunatley SLOT announced its own earnings warning; 1,1-1,2 USD/share for the nextQ.
I guess some ugly days will follow... would not be surprised to see SLOT in the high twenties tomorrow (-30%).

(I do not dare think of those days -not so long ago- when I thought SLOT's stock-price should hit 120-150USD in 1999....);

1:0 for the shorts.

Taken all together, SLOT might earn around 5USD this year;
however, much of SLOT's future EPS depends on whether the casinos win their battle against participation games; If yes, SLOT will be one of the greatest sufferers of all gaming equipment stocks.

I thought before SLOT was a no-brainer at 50; however I am not so sure anymore, even at lower levels.

So what are the "new" no-brainer levels....
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