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Microcap & Penny Stocks : Autotote Corp (TTE) --- Computerized wagering equipment -- Ignore unavailable to you. Want to Upgrade?


To: Dawgfool who wrote (57)9/17/1998 12:31:00 PM
From: joe z  Respond to of 124
 
Regarding 3rd Qtr results:

Lowlights: String of EBITDA records was broken for mainly two reasons 1) installation problems with the new CT lottery terminals & 2)the Galaxy 4 satellite disruption.

Highlights: 1)CT. powerball lottery sales are the highest amongst any state with over 15% of total sales. 2)Mogehan Sun opening in September with a facility 40% larger than Foxwoods with more signals. 3)Italy machine order starting in the 4th quarter with more countries to place orders in the coming months. 4)1st teletheater in Berlin opened and doing well. 5) England -- distribution agreement with another firm to penetrate "betting shop" market while the British tracks will likely order "Italy-like" machines. 6) NASRAN will start in the 4th quarter with over 30+ customers committed to the system. 7)Expect a new "Sports Haven" type facility to open in the Danbury area in the near future. 8)Netherlands will include OTB's in their casinos.9)Ireland will have a single hub system installed for the entire country starting in April. 10)The stock is a bargain under $2.

Just an update for you TTE fans!



To: Dawgfool who wrote (57)9/25/1998 12:15:00 PM
From: joe z  Read Replies (1) | Respond to of 124
 
A recent report of institutional ownership is very positive with 12 institutions adding to their positions and only 3 small ones reducing their holdings. Here's a summary of the changes in the number of shares held by institution:

Equitable Investment Fund +177,500
Dimensional Fund Adv. + 24,100
Tudor Investment Corp. + 31,800
CNA Financial Corp. +667,503 (new position)
Deltec Asset Mgt. Corp. +108,300
College Retirement Equities + 1,000
Shufro Rose & Co. LLC + 32,200
Laifer Capital Mgt Inc. + 93,000 (new position)
Barclays Bank + 5,600
Citicorp + 8,884 (new position)
Bankers Trust + 102
Fleet Financial Group + 3,340 (new position)

Martingale Asset Mgt - 8,405 (closed position)
Mercury Asset - 5,916 " "
Robert Fleming Cap. - 2,719 " "