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To: ted w. kentzel who wrote (6292)1/12/1998 1:01:00 AM
From: JakeSki  Respond to of 10368
 

Another piece of info I came across is that BNGO may preannounce earnings for the 4th Q and year in February


Ted - where did you get this information?

Thanks,

George



To: ted w. kentzel who wrote (6292)1/12/1998 8:25:00 AM
From: T.K. Allen  Read Replies (1) | Respond to of 10368
 
Ted: I would interpret a preannouncement of earnings as a positive sign. However, I have to echo George's question. Is this just a guess by you or did this information come from someone associated with the company? Please clarify.

TKA



To: ted w. kentzel who wrote (6292)1/12/1998 9:24:00 AM
From: Joe Master  Read Replies (1) | Respond to of 10368
 
Ted,

You are right when you discuss the profitability of the Darlington machines ompared to the average, but our prior average revenues (and profits) were well above the state averages. Since a significant portion (50%) of the revenue is not reported as well as a significant portion of the cost. The revenue per machine is lower and the percentage of gross profit is significantly higher.

Not all VGM are created equal and it really doesn't make too much sense to discuss profitabilty comparisons to last year when there are a few different types of machines and revenue streams. I.E. route machines, machines in our bingo facilities and machines in others facilities.

One question I am not sure of. Do we own 100% of all the machines reported (700+)

Joe