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To: JSB who wrote (12350)	11/23/1999 11:39:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

To: Dale Baker (1984 ) From: Mephistopheles ( Ignore ) Tuesday, Nov 23 1999 11:31AM ET Reply # of 1986 "Called CRY" By: garyb7 Tuesday, 23 Nov 1999 at 11:24 AM EST post #4333 Called CRY I called Harvey Solursch (CFO) this morning. He provided opinions and facts on several items. 1) Currently 6 of CRY's licensee's do not accept US wagers anyhow. 2) 8 of CRY's licensees do accept US wagers. 3) Approximately 65% of their revenue is from the US. This percentage is dropping every year. The William Hill deal will push this down further (it is UK based). 4) The Kyl bill is now in the IDENTICAL position it was in last year. Apparently only 3 senators actually voted (everyone else was away), so it got thru "unanimously", 3-0, LOL. (i.e. they pulled a trick and had the vote when nobody was looking). There is a long ways to go yet. 5) Lobbyists do not expect it to become law because there are simply too many groups against it. So CRY expects that what happened last year will happen again this year, that is, the Kyl bill will go nowhere again. In fact, it is not even a stanalone bill, they have to piggyback it with other bills that are minor and in general don't have good support. 6) CRY opinion is that it will not become law and would certainly not become law in an election year (2000). 7) As with this year Harvey said CRY issued a news release last year about the same Kyl bill. And like last year nothing transpired with Kyl and nothing will this time either. Basically I was left with the impression that CRY keep an eye on it but don't actually concern themselves too much with it because there is virtually no chance of the Kyl bill becoming law. They can't say that in a news release of course. It looks like we have a bonafide buying opportunity on our hands. Gary ragingbull.com