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To: george eberting who wrote (700)1/27/1998 5:53:00 PM
From: lbs  Respond to of 7701
 
Yes, but this does not mean that they can't turn their alliances in Ven. into a big winner. The stock is at .27, so it clearly is not a giant company. However, I think that NRAG has the potential to be a huge winner. It may not be, but if you have realistic expectations that this is a speculative investment i.e. a penny stock, I don't think that it is a bad investment. In fact, I have recommended it to a number of people, including my friend who is Venezualen. He loves the idea, because of the gambling obsession of this country.

If the machines don't pan out, this investment will be much more risky. However, if they do, I can see this stock about $5.00 within the year. 20x gain from here is worth the risk. Less than 1% of my porfolio is in this stock. To tell you the truth, I am planning on buying many more shares over the next few weeks.

Best wishes,
Dan