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Non-Tech : eLottery.com (ELOT) / (NASDAQ NM:XTON)
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To: $Mogul who wrote (103)4/21/1999 1:40:00 AM
From: Softechie  Read Replies (2) of 1266
 
We're all talking speculative here and don't know much about the company current action except from what we heard from CEO and PR guys. But when you look at it and think it throughly, there's a definitely new market here and technology is not the problem. This market will grow just like the internet 3-4 years ago. At that time, I'm sure most of you would say naw it can't be real and who would want to invest in internet companies. But the time has changed and so is the market.

Here are few reasons why I still think ELOT will succeed:

1) Internet. New ways to reach out and touch someone's wallet.
2) Market size. $110 to $120 billion dollars.
3) States do depend on Lottery revenues. Powerball and scratch off games.
4) Frank Carey. His background sold me on credibility of this company.
5) $75 millions to start. From selling operation to private group. You just don't risk this kind of money w/o knowing for sure.

I'm in since $3 and planning to stay real long.

HANG ON FOR THE RIDE!!!
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