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

To: Catawbakid who wrote (200)	11/25/1997 3:28:00 PM
From: C. Riley	Respond to of 441

Here's what I know about the VLTs... maybe someone has more to add... The Nov. 3 press release said the boat had left for Venezuela and they would arrive at the port the week of Nov. 16-23. The 23rd was two days ago. A coworker of mine spoke with Jeff on Sunday and was told that the VLTs should be arriving now (which was on Sunday the 23rd). These boats are not express shipments between two ports. They stop at various points along the way and that's why the arrival date cannot be exact. Since Noram's license is with the Venezuelan government itself, I can only hope that the VLTs will not be tied up in customs too long. South America does however not move as fast as the U.S. As far as the Dec. 15 date for installation, I have no news. I would not expect problems if things take a few days longer than originally planned, particularly if there is a delay in customs, as this would be a delay on the government's part not Noram's. I think a news release by the end of next week would be nice, but hopefully the delay in news is either because Noram is too busy with new business or they want the news to be something more than simply saying the boat has arrived. I wouldn't complain if that's all it said though. Anyone else have any information to share?

To: Catawbakid who wrote (200)	11/25/1997 6:39:00 PM
From: David W. Tucker	Read Replies (2) \| Respond to of 441

In my opinion, all is well. There was a flood of news releases for awhile, but now Noram is merely working hard to get existing projects on line. Things are quiet because there's nothing going on worthy of an official news release, yet. I would encourage you to think long term instead of day-to-day. The VLT's are at their destination, or very close. They decided to ship all the slots at the same time to reduce costs. They will likely be completed next week and shipped then. We just have to be calm and patient. There's nothing bad going on. Do we want Jeff to spend the whole day in front of his computer, or should he be working for us? I feel he has answered questions when asked. I wish I had a million bucks in Noram, but I'll have to wait awhile. I agree they might miss a deadline, but I'm not worried about it. Continued good luck. dave