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To: Dale Baker who wrote (490)2/15/1998 4:33:00 AM
From: ApplebyRead Replies (2) | Respond to of 118717
 
To me,
the press release did 2 things,
It announced that the companies fundamentals support a higher
price than the current one,
and it hinted that they may be getting their internal act together.
However, South Carolina still has volatile Video Gaming Machine issues. IMHO, the price of BNGO will be a reflection of how the VGM laws play out in the SC government.
BNGO can afford a bunch of bingo halls with their 11+ M in cash,
but their REAL profit is in the Video Gaming machines.
what do you think?
ed