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Non-Tech : Lake City Gaming: LCG-V -- Ignore unavailable to you. Want to Upgrade?


To: K. Anders who wrote (31)11/10/1998 12:54:00 PM
From: Jerrold Annett  Respond to of 124
 
I think we'll need higher volumes to break through $4.00. It spiked up so fast from the $3.00 level 3 weeks ago... we will probably have some "filling in" happening between the $3.60 and $3.90 levels. It will break through the $4.00 level and on it's way to $5.00 once the Q1 results are anounced (week of Nov 16th), the Penticton Casino approval in early December, and the write-up in the Investor's Digest magazine. Will you be looking to take some profits between the $4 and $5 level or will you hang on for longer term? I am long term.



To: K. Anders who wrote (31)11/14/1998 11:06:00 AM
From: David Michaud  Read Replies (1) | Respond to of 124
 
Here is what Grant Robertson had to say this week:

Lake City is expected to release its Q1 financial results on November 20th. Rumours suggest the results are a little better than I originally expected.

Several events are expected to occur over the next couple of weeks that should help increase the awreness of Lake City's growth:

- expecting a feature article in a small investment newsletter

- rumours suggest that Investor's Digest of Canada may publish exerpts from our article

- McDermid is expected to release a research report and buy recommendation immediately following the
release of the Q1 results

- direct mail advertising campaign directed at 3,700 investors in the regions in which its casinos operate.