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To: T.K. Allen who wrote (7499)	2/20/1998 12:15:00 PM
From: WallStBum	Respond to of 10368

Terrific Todd. That must have taken considerable time. My notes were much more scattered, but you filled in some blanks for me. You had none that I would fill. Thanks. BTW - It was nice to hear you in the call, and how pleasant that you stated your affiliation as an SI contributor that the Co. recognizes our impact here. later dax

To: T.K. Allen who wrote (7499)	2/20/1998 12:56:00 PM
From: jimmy	Read Replies (1) \| Respond to of 10368

Nice work. It reminded me of the most important question that needs to be addressed: "What action would AB&G take if South Carolina were to outlaw VGMs?" Handled properly, the answer to this question would do wonders for BNGO. You relieve shareholder anxiety by addressing the worst case scenario - demonstrating that you have a well thought out plan to mitigate the damage. Instead of proclaiming "it ain't going to happen", or "well, even if it does, it won't take effect until next year", tell me what transitional steps you would take over the next year or so. Without proper guidance, I am forced to assume gloom and doom. Would you be able to sell those VGMs? for how much? could you setup operation in some other state or country with the same VGMs? would Mims and the Harrisons remain with the company? could you operate those VGMs until the last legal day, or would you need to gradually shut down operations over the course of many weeks or months. in the worst case, would the VGM investment be a net loss, net gain, or break even venture?

To: T.K. Allen who wrote (7499)	2/21/1998 12:32:00 PM
From: Ed Pettee	Read Replies (1) \| Respond to of 10368

Tod --Thanks for all that work in compiling the answers to the questions . I will keep it with my record of the 11/13 conference call. Your thoughts on the fact that we don't have all the answers on what is really going on is intriguing. I agree that they seem to be going much slower than I anticipated on the Bingo side and I suspect that they are really trying to get a handle on how the S.C. issue is going to shake out. before committing a lot more dollars. I also think Gaines Berland has been hired to look at alternative options in case the VGM business goes away. I talked to a principal there this week and he confirmed that there job was as stated in the release, and not as a company hired to push the stock through their retail brokerage side. So it makes sense that in this critical S.C. to conserve the money until we know which way it is going. It is getting tougher by the week: thestate.com