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To: Ed Pettee who wrote (188)1/4/1998 7:27:00 PM
From: Silicon Trader  Read Replies (1) | Respond to of 7701
 
Ed - ON the subject of the VLT's

I have different numbers on the amount of machines that will go on-line on the first day of operation. I am also unable to comment in detail on this subject. All i can tell you guys is that before George left , he told me that he got the news we were waiting for from Federico.I have a message in to him to get back to me on this topic , and fast.LOL !!!

Unfortunatly that is all he told me , so with the multiple projects with LYMCA i would be assuming it was regarding the VLT's. After holding this company for so long origanly buying in at .87 and then watching it fall to .17 cents then run to .90 and back to .40 I AM VERY MUCH waiting for that news release.LOL!!!

Here is a tidbit : While they were waiting for the chips and bracket for the PC boards . The guys were getting alot more time for training with the equipment and they had alot more time to complete the construction of the remaining VLT's .I was under the impression ,we would see 25 on -line at first and then more as the last news release read . Considering recent developments i would say there is a much much larger number ready to roll.

I have been unable to even ask the question regarding the next shipment , as i mentioned earlier i saw the second hundred being built a week after the first 100 left and it looked like they were making good progress on that batch . Since everyone has been out of the country my contact with Sharp Image has been limited . We are so anxious about the first shipment i wouldnt dare ask George now . For me it would be like asking when the next press release was going to be right after releasing one . You on the other hand could get away with it Ed. (sorry Z) .

Lake Tahoe Nevada is my local , and i had a few things to say about you living in florida when i read your post , consider the current weather here . LOL . Its all good my company prospers from snow events , so i want complain to loud. Its the lack of sleep i dont like , as it keeps us up all hours of the day and night.

My biggest problem is keeping my wakeboard on the water which i never try to do.(MRBIGAIR)

GO NRAG MBA

PS Ed

Regarding those numbers . Are you trying to figure out the income from the lottery alone, or the company as a whole for the quarter ???

Noram does have income from the 3 bingo halls, for Noram the bingo halls go flat around the holidays and right after the near year the pick up again , from my understanding they can do very well during this quarter.

Regarding the lottery ,I think just before the Gagel report was released Noram released news that said " I am convinced that we can quickly surpass the previous financial projections"
for this project.'' with full knowledge of the numbers we view as being half of what sharp image came back with . I wonder what we could figure in as a conservative number that would represent the words "quickly surpass " LOL !! I thought i saw it somewhere that Noram felt is was going to be 20-30 % past those numbers but i cant find it.

Im babbling now

NRAG 98