Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : NORE - High Tech Bingo Equipment - Online Bingo -- Ignore unavailable to you. Want to Upgrade?

To: Silicon Trader who wrote (234)	1/7/1998 10:56:00 PM
From: David W. Tucker	Read Replies (1) \| Respond to of 7701

I'll have to wait and see on this internet stuff. I know this is bingo only, but there's got to be more than 50 internet gambling sites up and running now. We'll see. If it turns out to be a great system, how will NorAm attract people to the site? The financing will be very tricky to keep legal. Still looking for good news on the VLT's. That's my focus right now. dave

To: Silicon Trader who wrote (234)	1/7/1998 11:08:00 PM
From: David W. Tucker	Read Replies (2) \| Respond to of 7701

I just looked at the company website. I think their plan is replete with legal problems and high cost. Setting up 20 offices in separate cities, each with their own regulations and so forth. Although it sounds like they could make a ton of money, they would have to put out a lot of cash into it to get it started. They should wait until they are rolling in cash before they get involved with this. I bet they are concerned about someone else getting there first. Do they have a patent application filed for this concept? Who is writing the software? Lotsa questions from me on this one. I guess I'll have to wait this one out. It sounds like a little bit of a wild idea, like the one they had about running bingo halls (deciding later to pull back). I suspect this is definitely a FUTURE project. I hope they put it off for a while. Sounds like it's full of headaches. Not every internet gambling company is making money. I don't know much about it yet, so I'll have to become convinced. A bit concerned, but still positive on all the earlier projects... dave