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


To: roddio who wrote (444)8/18/1999 1:36:00 PM
From: Gravity  Read Replies (2) | Respond to of 509
 
Applied looks to be bouncing higher today. I expect we will see the stock start to move up in anticipation of news on sales figures. I really believe the sales numbers are going to far exceed expectations. The $40 million value of this contract was based on sales benchmarks for North America, but Singapore's benchmark is 45 times that of North America. Simply, lotteries seem to be more successful in Asia. Time will tell, but add on Ho Chi Minh and we begin to talk about a pretty serious revenue stream for AGC. I think we'll see a test of the $1.30 level soon as we near the next round of news.