Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Int'l Thunderbird Gaming (INB) -- Ignore unavailable to you. Want to Upgrade?

To: Brader who wrote (544)	6/16/1999 3:07:00 AM
From: Mitchell	Read Replies (1) \| Respond to of 603

Agreed. The books and balance sheet are very bad. Mitchell was very honest when he said he saved the company, closed Aruba, completed a full writedown and pushed for new cash flow. The question then is why is anyone buying, least of all in this accumulation mode. My only thoughts are that the California compact offers the rewards down the road. Latin America, Signage, Colorado does not seem to justify the risk. Gaming can be a dirty business, who are the new players and how real are they to shareholder interests, all the revenue is now coming from the most crooked of regions. For all we know INB could be washing cash, as was YMB.