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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Mark Rutheiser who wrote (284)11/14/1997 12:56:00 AM
From: dealmakr   Read Replies (2) | Respond to of 7039
 
Mark,

Also keep in mind, is the gaming equipment owned by the company.
Probably not, but this is not a bad thing. A route operator will pay a commision on the revenue. This can average between 40-60% depending on the amount of action that the location is generating. Also a route operator is able to upgrade the equipment on a more regular basis to generate better profits. Strange action in the stock today. Just went long at 9/16 this morning, yes GB the bid was at 7/16. Saw it march up to bid 9/16 offer 11/16 then had to go to office. Did midpoint buying drive it down?, couldn't watch the tape today.

Long MIDL & MIDLW



To: Mark Rutheiser who wrote (284)11/14/1997 7:40:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 7039
 
Mark that is NOT an accurate statement in my opinion that is based on a few machines that do that not as an overall or they would not be in business. I have been to many casinos and I have studied and watched them and believe me they do not pay out that kind of money. Unless I am blind or something. Tell me how many slots you ever known of that hit. I watch the grand with the guaranteed 99% pay off and I hardly saw anyone nailing in three days.. If you do the place lights up and all kinds of attention is drawn to that area.

GB