To: Herc who wrote (3283 ) 7/8/1999 6:41:00 PM From: Gator Read Replies (1) | Respond to of 8858
$17.40 was what the charts said the bottom would be, when we got the overbought signal from Clearstation...let's see how they do... $16.00 would be a definite bargain (steal)!!! and when we break $27-$29 on the way back up, it's all new territory to $50+ at the end of Summer, remember all the major profits will start showing in the next couple of quarters and beyond :> Also remember this statement straight from the Horses Mouth: "1) On the issue of support and success of licensees. We now have over more licensees than any of our competitors. It does take time for any licensee to ramp up their marketing efforts, and we estimate approx. 3-6 months from the time a licensee goes live before significant revenue will start coming in(significant means a profit over and above operating and marketing costs). The ones who have been up the longest are obviously doing the best, and many licensees are doing quite well. Because of the rate we are signing up licensees(which is beneficial to our shareholders because we are capturing market share, bringing in revenue, and increasing the chances of customers coming to one of our casinos) many licensees are not yet up(it takes approx. 60 days for a licensee to go live), and some haven't yet begun a full scale marketing effort. The 80/20 principle applies for our business, like any other, whereby the majority of customers and revenue will come through 20% of our licensees, with the rest spred throughout the remaining 80%. The more licensees we have, the larger that 20% becomes. As far as supporting our licensees, I would argue we give greater support than any competitor out there. We have a dedicated team for technical support, as well as a dedicated team for marketing support. All licensees have a minimum of two contacts, as well as the ability to call managers from the technical or marketing departments if they are having any additional problems. Most of our licensees are extremely happy with our product, support, etc. There will always be some licensees that are difficult to satisfy, but we do our utmost to ensure that any problems are solved quickly, and that the licensee gets an immediate response for all their questions." Had to make this post before I had a chance to read any of today's post, BCNU... Later...Gator