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Non-Tech : VGAM - Virtual Gaming -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Microcap who wrote (141)	1/26/2000 10:47:00 AM
From: THOMAS GOODRICH	Read Replies (1) \| Respond to of 216

Actually, the one year target price for VGAM ranges from $60 to $80 the reason being Virtual Gaming Enterprises now owns or holds a stake in ten on-line gaming venues, the latest announcement being the recently introduced vegasbook which is receiving substantial hits. All of their web site properties are flourishing and VGAM will be expanding their focus into Indian gaming and other initiatives some of which will be announced over the next several weeks in eight press releases! ELOT is mostly hedging a bet on domestic lotteries not coming under the scrutiny of Internet Gambling. Their market capitalization is approximately $600 million compared with VGAM's $6 million which VGAM should exceed in profits alone this year. Another interesting point with VGAM is their establishment of multi-vendor relationships with several companies including Cryptologic and Starnet.