Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI) -- Ignore unavailable to you. Want to Upgrade?

To: dealmakr who wrote (624)	10/26/1997 12:21:00 PM
From: Hardrocker	Read Replies (1) \| Respond to of 4539

Dave, I agree with your comments. If you moved through the San Manuel web site, it is excellent. The site indicates that San Manuel's main bingo hall seats 2,300 people, even bigger than I originally thought. With this hall and other AGTI clients, repeat business becomes critically important. It's a lot easier -- and much less expensive --to deal with existing customers than it is to attract new ones. With every new unit installed in the field, AGTI sneaks ever closer toward profitability. I honestly do not know the target "month" in which the company expects to see black ink instead of red, but we must be getting close. Maybe a few months, judging from the revenue increases over the last quarter. When we finally see the word "profit" officially, it will speak volumes toward the likely improvement in shareholder value. With a generous gross margin in a largely untapped market of this size, it doesn't take long to tally healthy profits. Someone is going to notice, IMHO. It appears that the largest North American market for bingo is the Native American casinos, and I discovered yesterday that even Donald Trump apparently fears the burgeoning business of gaming in these casinos. I read that Trump has consistently tried to stall growth in these casinos, even to the point of filing civil suit in the Newark, NJ U.S. District Court on 4/30/93 against both the U.S. Secretary of the Interior and the Chairman of National Indian Gaming Commission. Trump's suit claimed that the Indian Gaming Regulatory Act is unconstitutional and gives unfair advantage to Native Americans in acquiring licenses to construct and operate legal casinos. I also read that "the Donald" has publicly proclaimed on many occasions that gambling in the Indian casinos is rift with crime and will therefore become a new American crisis in coming years. Think he's not worried about the business migration away from Atlantic City and Las Vegas? It's pretty obvious he would like to destroy the Indian casinos, our largest probable market. Maybe I should correct my earlier statement. Someone has ALREADY noticed, but I guess they haven't seen AGTI waiting in the wings! Hardrocker