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Non-Tech : ISWI - International Sports Wagering -- Ignore unavailable to you. Want to Upgrade?

To: Minerva who wrote (180)	11/8/1999 9:38:00 PM
From: Dan Thomas	Read Replies (1) \| Respond to of 197

Hi, Minerva ... Yes - one and the same. What I gather is that our government wants to "help" us out by banning us from Internet gambling and saving us from our own greed. What I garner from that is that our government cannot tax us and therefore wants to ban our involvement. The ISWI system is built around a closed loop INTRANET, which can be closely monitored ( and reported upon !!! ). The INTERNET ban is probably the best thing that could ever happen to ISWI because if Nevada gaming grants the rollout, ISWI has the only system for INTRANET use within Nevada. Other states could adopt a similar set of laws and utilize the system. Foreign countries could adapt it for their use. Possibilities are enormous here. I have read several posts predicting $ 10 - 15 per share soon. Normally I discount such claims, but this time I can see it. Until another system is approved by gaming folks, ISWI has the lock. From seeing the stock inch up recently, I think "leaks" have occured and ISWI is poised to get the official OK within next two weeks. What we are seeing is the "smart money" buying in now. Well, I hope so anyway. I have been holding for close to 2 years, and recently laid into the warrants at 1/8. They expire 12/12/2001, so ISWI has time to build out and grow. $ 20 per share would be a happy year 2000 - I think exercise price of warrants is $ 6 per common share. A $ 10 common price would translate to $ 4+ for the warrant. I honestly believe we'll see $ 10+ by end of Nov if Nevada Gaming ok-s the deal officially late next week. Hanging long and strong, DanT