SI
SI
discoversearch

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.
Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pettee who wrote (5794)12/21/1997 5:35:00 PM
From: SE  Read Replies (2) | Respond to of 10368
 
Sometimes I feel that I shouldn't be posting these links since it may appear that I am dredging up negative comments.

Ed,

I too am long on BNGO, however, I have been trying and trying to find any negatives and get them out for discussion. It is easy to find the positives with BNGO, not so easy to find the negatives. We all know that stocks can tank based on negative news and therein lies our risk. We should never be slammed for bringing forth the negative aspects of a stock, but in actuality should be praised. Each negative needs to be examined at least as well as the postive aspects...it is this examination that will lead us all to more fully understand the company and the risks associated with the industry. If we had more fully examined the warrant call and what it would do, do you think as many would have been as hurt as we were? But no, many were slammed for talking about a lower stock price due to a warrant call. Most thought the stock would go up without delving into the underlying currents the call brought.

Please, keep us abreast of the SC situation. It is important to all of our pocketbooks and I for one appreciate the timely news links.

GO PACK GO!

-Scott



To: Ed Pettee who wrote (5794)12/21/1997 7:14:00 PM
From: Market Tracker  Read Replies (2) | Respond to of 10368
 
<< However, I think it is important to realize that there is this constant barrage of negative opinions, fueled by the media and attemting to shape public opinion against the industry. >>

Ed, - I find it very sad when the newspapers/news media, stop reporting the news, and try to start making the news.

MT



To: Ed Pettee who wrote (5794)12/22/1997 9:15:00 AM
From: T.K. Allen  Respond to of 10368
 
Ed - I think the fact that BNGO is a public company can go a long way towards deflecting the "organized crime" allegations. Criminal activity requires a certain amount of cover to flourish. The extensive public disclosure a public company is required to provide (and the subsequent scrutiny these disclosures receive) makes it very difficult to hide criminal activity.

Furthermore, I think the industry should come out publicly in favor of electronic revenue reporting, some level of taxation and regulation, and maybe even support of problem-gambler rehab programs. The industry needs to demonstrate that they are socially responsible citizens to counter the "evil influence" argument. They may want to look at what companies like Anheuser-Busch have done with their "responsible drinking" ad campaigns.

TKA



To: Ed Pettee who wrote (5794)12/22/1997 10:59:00 AM
From: T.K. Allen  Respond to of 10368
 
Ed: Do you know any details relating to the following comment in the Medlock column?

"...three Circuit Courts of Common Pleas of this state have ruled that such operations violate our South Carolina Constitution."?

Three courts made this ruling? My understanding was that the SC Supreme Court sent the issue back to Circuit Court. I don't understand where Medlock is coming from on this.

TKA