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Non-Tech : Northern Gaming (NGAM OTC TSE, NTGMF OTC BB)

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To: pete meyer who wrote (52)3/13/1997 8:06:00 AM
From: pete meyer   of 90
 
NORTHERN GAMING (NGAM) $.90CDN + .10 on 187,000 shares Toronto OTC and
$.65US on OTC Bulletin Board. The volume is really starting to come into
Northern Gaming as we get closer to the news on the Soviet gaming
equipment order. Within weeks we will be talking about a company with
over $.25US in earnings from this one deal and two huge projects in the
works. I think we all will be surprised to see how far this stock can
run. If we only use at P/E of 10, we could see $2.50US. Right now I look
for a very quick move through the $1.50CDN area to the $3CDN mark.
Trading in the U.S. can only help the volume as many more investors will
be able to buy the stock.
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