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

To: (Bob) Zumbrunnen who wrote (1131)	2/12/1998 1:58:00 AM
From: grw5	Read Replies (1) \| Respond to of 4539

Bob, I seriously doubt that there is that wide a margin for the owners, but you do make a good point about overhead, cash prises, etc. I'm not sure how the breakdown goes, but it would be nice to see, if someone has(or can find) it. George

To: (Bob) Zumbrunnen who wrote (1131)	2/12/1998 7:37:00 AM
From: Hardrocker	Read Replies (1) \| Respond to of 4539

Bob, Good point, with one exception: AGTI doesn't get paid "up front" for the equipment, they receive a cut of the revenues derived from each device. In other words, the more the equipment is used, the more revenue received by AGTI. So far as I know, the bingo halls pay nada until the revenues start rolling in. Therefore, the $5 billion figure is very meaningful. And don't forget, one of the underlying premises of electronic bingo is that it consistently increases player spend. So, over time, the $5 billion market should be expected to grow incrementally...thanks to electrons!! Hardrocker