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

To: Ed Pettee who wrote (484)	1/18/1998 11:40:00 AM
From: Ed Pettee	Respond to of 7701

David-Please dont' interpret my different point of view from yours on BNGO as anything other than that. I just reviewed your latest update on the FAQ for NRAG and appreciate the work you put into that. I print out a new copy each week and to keep in my DD file on NRAG and it proves valuable when checking certain details and dates. Thanks again.

To: Ed Pettee who wrote (484)	1/18/1998 12:49:00 PM
From: Silicon Trader	Read Replies (1) \| Respond to of 7701

ED a few points of clarification,The News releases that you mention as being obvious to keep attention, IMO were put out because of the constant calls from shareholders for NEWS , I think George was just trying to make everyone happy with updates of the slightest detail, and now look ,he was forced and people are second guessing . Ridiculous double edge sword if you ask me In Additon you say they worked over the holiday , well that was the plan but, we dont no know if the chip made it or not, its my understanding that they took a small holiday.Is it appropriate for us to know about every screw that goes into the machine ? And finally you say " Why all the past news releases on status in the past and now just silence. Still long but starting to wonder."" While George was Out of town ( not out of the country !!!)he received advice from people who have vast experience and respect in regards to managing public companies and the news they release, and other things pertaining to PR . The Advice was to "ZIP the Lips" more like all the other companies , I have never found a company that gave so much detail to the public, VIA press releases , i know there are others that will agree its time for NORAM to change its public Image in preparation for the Big time , which is getting much closer. I would suspect we will see only vital INFO Via the wires. I also saw a sitiuation like this with another company were the shareholders called and demanded news so much they finally stopped answering the phone. We are not managing this company, Noram is we must let them do there job, Unless we have the qualifications ourselves. Ed please dont take this as if it is soley directed at you because it is not, just for clarification and not bashing or preaching , as i mentioned the other day , there is so much going on with this company just about anything could come out and, if you look in the past Noram was very silent for awhile and then look what they came out with . Ed do you have resources to News releases backdated 6 months or more .?? And finally, Noram has done some great reasearch into this current project in V- Land and they have done thier part, it is up to the guys down there to take care of things , that is why they were brought into this project ( LYMCA,SHARP,GAGEL),The ball has been passed.Noram has the pressure on.I am sure we will see something very soon , the longer we wait the closer the news comes. Now that i am not helping the comapany any longer i dont speak to george as much lately, but i really do expect a update or updates to come out soon. GO NRAG MBA Happy Holiday to everyone

To: Ed Pettee who wrote (484)	1/18/1998 2:06:00 PM
From: David W. Tucker	Read Replies (2) \| Respond to of 7701

ED: I agree with all your comments about NorAm. I also agree it's way too early to compare NorAm to BNGO since on paper NorAm has nothing but three part-time charity bingo halls to rent out. We are investing in the future, but the stock price reflects only the past. As far as I can tell, there's no "future" built into the current stock price. We won't see any real movement until a new revenue source begins from somewhere else. As far as Greg Wilson goes, I just thought it would be nice to have him come on board and take over all the domestic VAPREL sales, but he probably has even bigger plans. Aren't you the least bit bothered by how he left? I am wondering about a lot of things for exactly the same reasons you are. But when I sit back and look at the big picture, I continue to think it's a great ground floor opportunity. Where else can you be part owner of a lottery? I know there is so much is in the works that something good must pop up soon, but the VLT's are the biggest thing we need right now. I don't like owning 35 cent stocks. The big picture on the VLT's is where it's at. 12 years and 2000 machines running has got to rake in some big bucks! I have a feeling we'll all be feeling a bit more comfortable soon. dave