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To: Ed Pettee who wrote (6045)12/27/1997 9:15:00 PM
From: Market Tracker  Read Replies (1) | Respond to of 10368
 
Hi Ed, Thanks for the link to the Catawba Indian Bingo Hall opening in Rock Hill. It points out what can be built for an investment of $4.5 million. (2,300 players, revenues of $5-10 million, 58,000 square feet of physical plant). This helps me to put into perspective what the potential of BNGO's $12.0 million can do.

The Catawba Indians will most likely hold off on video poker until the political situation in SC is a bit better defined.

Gary



To: Ed Pettee who wrote (6045)12/28/1997 9:33:00 AM
From: Anton Anderson  Read Replies (1) | Respond to of 10368
 
Dear Ed,
I wondered earlier whether the presence of the Cherokee Nation's recently opened gambling place in North Carolina had anything to do with the sudden agressiveness of the politicians in attacking video poker. Your latest about the Catawba Indians place fuels that wonderment. Not that politicians would ever be susceptible to bribes or lobbying efforts, <g> but it is curious that the state AG would suddenly go out on the limb he did. Perhaps the STATE could do a bit of investigation along those lines instead of sounding so holier-than-thou about gambling. Just a thought.
Anton



To: Ed Pettee who wrote (6045)12/28/1997 5:42:00 PM
From: upndn  Read Replies (2) | Respond to of 10368
 
<<<MT- Nice to see that Bingo made mondays Investor Business Daily.
Listed as #20 on the list of stocks with the greatest daily voume increase over its 50 day average. Bingo listed with Nasdq stocks for its 382k Friday volume which was 247% above its daily average. Take all the national exposure we can get.>>>

Anyone else view the 99 relitive strength rating with a bit of suspicion? I realize we are up for 3 days but there was that long slow decline. Also the float listing of 1.9 million shares needs to be updated. (Anyone know who to contact?)
Looking forward to tomorrows action.
Jim