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Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle -- Ignore unavailable to you. Want to Upgrade?

To: EUGENE LO who wrote (161)	11/13/1997 10:59:00 AM
From: Due Diligence	Read Replies (1) \| Respond to of 441

Going to be a real nice Christmas!!! Jimbo

To: EUGENE LO who wrote (161)	11/13/1997 11:13:00 AM
From: Carl Jackson	Respond to of 441

Its important to note that this is from the Venezuela lottery sales ONLY and does not include the slot machines, Vaprel Bingo line, and Auto Callers. Currently trading at a PE of 2.3 (on this one product) with an industry average of over 28 you could say that it is significantly under priced. Remember also that this projection and the potential income from other lines appears to be conservative. This is my one stock that I feel a near total calmness about. Course when you own stocks like CRTM, AKSEF, INNO, TPII and MXAM my tolerance level for risk and ruin must be high.