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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Perfect who wrote (973)	1/14/1998 8:48:00 PM
From: grw5	Respond to of 4539

IF my read is correct, it is encouraging that they want to use AGT's technology and sell it. Best of luck, George

To: Mr. Perfect who wrote (973)	1/15/1998 7:30:00 AM
From: Hardrocker	Respond to of 4539

Mr. P, Jerome, Uptick et al: I'm really glad that we're all beginning to talk on this thread again, without bickering at each other. A lot of good points have been raised and some good, sincere questions from JH. I'll do my best to provide some good, sincere answers as time permits later today. My first concern about the announcement (and I may have more as I dig into it) is about the 15% royalty that we receive, versus a much higher % without BTC. My kneejerk reaction is that 15% of something is better than xx% of nothing. Plus, it looks like we can strip expenses down to a bare minimum. On the highest level, I look at it this way: AGTI apparently has some of the best products in the market, but has not been able to successfully market the product and manage the business. So if our R&D is the best by default, but our marketing has been the worst by default, and BTC has shown a strong ability to market their TED units...then this is probably a meaningful agreement and is good for us. We do what we do best (develop great products) and let someone else take over from there. SPECULATION: I don't know much about the TED units, but from what I've read our MaxLite is a more sophisticated unit. Wouldn't it be great if BTC eventually began to replace TED's with MaxLite's on some mutually-beneficial share of revenues? JH, I can only guess about why the share price fell yesterday. I have to believe that people who may have bought at $.05 or lower probably sold above $.06 yesterday "on the news" and made a decent short term gain. I think in an earlier you mentioned a lot of overhead resistance building and you're right on the button. This single variable may be our greatest hurdle for awhile. Only great and consistent performance by AGTI can overcome this. I think the U.K. is real, and I think we'll be hearing more SOON on that one. To paraphrase myself with a quote which got me "fried" months ago, I also think Sega is still alive and well. I have the impression this arrangement with BTC is much bigger and was much more drawn out than it looks on the surface. The distraction of negotiations with BTC may have slowed some other things down, but now we're getting on track. Apparently BTC has some bucks and some savvy management. I don't know who the main principal is, but he might be a great candidate....catch my drift??? Good day to all. Hardrocker