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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Silicon Trader who wrote (1414)5/3/1998 6:41:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 9440
 
NRAG ... To me the defing has been done it the last news release. The thread is worthless to me. They is so much speculation, interpretation and all the facts are shrouded.

1.) Outside the JV nothing is happening and everyone knows this.
2.) Outside the JV most consider it hype and crap basically
3.) Most do not even read the news releases
..........a) The JV is for development, marketing and installation of the electronic bingo system
..........b) World Touch has already established itself in the industry
..........c) global market "revenue share" program to Casinos, Native American Gaming Facilities
..........d) revenue sharing, approximately $21,000,000 in the first year
..........e) anticipates a net income of approximately $12.6 Million
..........f) "the development of the system is 90% complete.
4.) The "Unfair Advantages"
..........a) Autocaller2000, exclusively Noram's
..........b) Already in the Native Americian Tribe Casinos (Marketing) WTI"s

Now this stock meets all the basic requirements for an accumulating long. Everything else is speculation. I will not DD it anymore for I have been to WTI's plant. The news release is accurate and conservative.

GB