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To: FARRIS who wrote (766)1/30/1998 5:44:00 PM
From: Silicon Trader  Respond to of 7701
 
I will have to agree with Carl for know, although i hear what you are saying Farris.

GO NRAG MBA



To: FARRIS who wrote (766)1/30/1998 5:47:00 PM
From: Silicon Trader  Respond to of 7701
 
For some reason i couldnt EDIT that message>>>

Farris i also agree with your scenerio about someone knowing something

GO NRAG MBA



To: FARRIS who wrote (766)1/30/1998 6:08:00 PM
From: Carl Jackson  Read Replies (1) | Respond to of 7701
 
Farris, you may very well be right but I don't think they are "working on" or anticipating, or seeking, or projecting something like most BB stocks; I think they have several concrete proposals on the table and they are considering which one to accept. Whatever the outcome and regardless of which proposal is finally accepted, it can be assumed that the impact of the additional financing will accelerate the implementation rate of already existing contracts and/or allow other potential money-making contracts (Winner Take All, Valperal (sic) Bingo line etc.) to be exploited. This will result in greater profits and a far greater share price than $.40. The main reason for the current low price, IMO, is that the street views the lack of capital to be a significant hinderance to the company's ability to fully capitalize on the potential of their contracts.

The one major unknown in all of this is the status of the VLTs. Obviously both NRAG and the source of those merger/JV proposals know the status of the VLTs but why can't we know?

P.S. Its not MBA making all those 10K purchases, it EZ. He's so busy buying he doesn't have time to post on this thread. He was also pretty close on his call of when news would be announced....