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


To: Frank Fontaine who wrote (1353)3/4/1998 1:09:00 PM
From: grw5  Read Replies (1) | Respond to of 4539
 
Great news, Frank.



To: Frank Fontaine who wrote (1353)3/4/1998 7:28:00 PM
From: Hardrocker  Read Replies (1) | Respond to of 4539
 
Frank,

This is more great news, but the market didn't react favorably. I have one guess as to why: the press release didn't tell the full story. While the release stated the number of potential clients and the annual revenues per unit, it didn't indicate that each client might have 40, 50 or more units in the bingo hall. Anyone who was unfamiliar with this missing statistic would have probably concluded that the maximum revenues for handheld units in Texas would be $500,000 (500 customers X $1000). This is a far shot from the true potential of AGTI's agreement with K&B.

sigmass: I saw your projections and I agree completely. Even with only a 50% penetration of the possible client base, handheld units in TX could generate many million$$.

Net profit. Is has a nice ring, doesn't it?

Regards,

Hardrocker