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: dr.john who wrote (439)	3/23/1999 10:38:00 AM
From: FFNEODOC	Read Replies (1) of 508

The Key to me on this stock is INSIDER trading.... I got out of DELL at $110 when I saw the rash of insider selling, most recently Michael Dell himself to the tune of 4,000,000 shares. Contrast this to SLOT where the Michael Fulton picked up 11,200 shares at $51-52/share (~$600,000) last October & November, signaling that he thought the stock was under-valued at that price. I go to Vegas about 2-3X/year & with all the new casinos scheduled to come on line, I can't imagine SLOT won't be able to capitalize on that growth. The legislation is of some concern, but I think the Nevada legislators have fairly consistently come down on the side of the companies that are paying their taxes. It was also my understanding that this "bill" hasn't even been submitted and the deadline for submission ends in May.

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