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To: Appleby who wrote (491)2/15/1998 5:55:00 AM
From: Dale BakerRespond to of 118717
 
I agree completely - that's why I am hesitant to get into BNGO again. Bingo on its own is not very sexy and not very profitable compared to the cash generation the VGM's produce. But the VGM's are subject to political whims.

My project today is looking at systems integrators, specifically SYNT and ISLI. Looks like they could follow in the footsteps of KEA, CHRZ and CBSL. I'm open to opinions and recommendations on any stock in this field which isn't already colossally expensive. Both SYNT and ISLI report earnings on the 19th; SYNT just ended its IPO lockup with a minor pullback and looks ready to zoom.

SYNT and ISLI look like 50% targets, on momentum if not value.



To: Appleby who wrote (491)2/17/1998 4:04:00 PM
From: David RubinRead Replies (1) | Respond to of 118717
 
I personally know of someone in the bingo hall business. There is not much profit potential in the games themselves. The main profits from the halls comes from the concession.

So I would tend to agree with you that BNGO needs to expand heavily into the video gaming market in order to be more profitable.


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