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Non-Tech : Applied Gaming Solutions - AGC (ASE) -- Ignore unavailable to you. Want to Upgrade?


To: Ross who wrote (431)8/7/1999 10:46:00 AM
From: Steve Bevington  Read Replies (1) | Respond to of 509
 
From August 6th "Perspectives" newsletter which has been following AGC for some time...

Alberta Stock Exchange

Applied Gaming Solutions (AGC)
Perspectives Score - 7
Reference: ags.ca
- Applied made a couple of announcements this week, with the most important being the announcement of the launch date for the lottery in Hanoi. The company has sent their management to Vietnam for the event, which is to take place on August 9th. The stock has been trading strong since the news came out, indicating that the market is still looking forward to what is coming. In the news, Applied stated that they expected $40 million in revenues to them over the seven year contract. I believe that this estimate is very low, and look forward to seeing the first sales figure release which should be about two weeks after the 9th of August. Management will be working on the closure of a contract to do Ho Chi Minh City, which is five times the size of Hanoi. Lots of potential for good things still to come from Applied, watch for the stock to make a good break through $1.30 as that is where resistance is right now.



To: Ross who wrote (431)8/7/1999 10:54:00 AM
From: Gator  Respond to of 509
 
Ross, looks like it's time for folks to start doing some quick DD on this play...we were at around $2.00 when word of the lottery system was first discussed...now that we're trading in the $1.00-$1.30 range, not for long, it appears to be a good opportunity...

FYI, for new investors, there is a more active board at Stockhouse, try stockhouse.com then enter C.AGC for the board...

On Yahoo, use AGC.AL

News release can be found at:

canada-stockwatch.com

and/or

fin-info.com

Good Luck...Gator