To: Double Dipper who wrote (2835 ) 6/4/1998 11:02:00 PM From: Bulgar Read Replies (2) | Respond to of 4539
Kevin... I'm not going to tell you to sell. I can appreciate your displeasure with the news release, just as others look at it from a positive side. As I mentioned in a previous post, I didn't expect to hear anything from the company anytime soon. I referenced the conference call in coming to that conclusion. Many regular posters at the time of the conference call bailed out. The discussion centered around long term goals. People in BB stocks are usually short term, unless they get stuck with a BB stock that drops...then they automatically become long term. I believe the content of today's "AGTI News Update" was the result of many calls to AGTI management and posts on the different threads concerned over the continuing drop in share value. As Randy mentioned, the silence may not be the way to conduct good PR, but until something good happens, a press release just for the sake of one can always be interpreted as hype by many people. Today's update (IOM) was just a release to put shareholders at ease. The following was part of my post #2788: "How many of you actually expected a lot of information coming from AGTI after the conference call??? Everything they said was clear enough for me to know several important points:" * Priority one is financing * No profit until 4th quarter...hopefully * Moving to Las Vegas * Updating web page (need money to do that - Financing?) * Shareholders Newsletter (again...need money - Financing?) They basically said don't expect anything soon...and I took that as 4th quarter for some kind of financials, and a couple of press releases during the spring and summer. The few calls I made recently didn't warrant a post. I didn't get the impression of DOOM in any of my calls, but there was nothing to write home about (or write here about), and for me to acknowledge my conversation with management would have put me in the light of a hypster, and that I didn't want. Hardrocker and Randyatcal's posts are about as objective as your going to get. I got into AGTI because of the press releases on Nieman. I believe in Neiman because of his video game experience. I think (again IMO) that Bingo related products will get AGTI on their feet, but new and other gaming/gambling products will take AGTI into the next millennium. I didn't expect Nieman to keep LBI, and its my understanding that AGTI no longer has a relationship with them (from a post I read on AOL). Hang in there Kevin... P.S. Hardrocker, good to hear from you again. BTW, could you e-mail me how you do the bold face and italics? tgs...we don't see eye to eye on your being here, but, I will admit that your post was appreciated...besides, how can I post National Friendship Week info and at least not acknowledge you...lol! Best Regards to all...and also LONG...because I have to be!!! Bulgar