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To: Starduster who wrote (13754)	11/19/1998 6:18:00 PM
From: AV8R	Read Replies (1) \| Respond to of 119973

BNGO News - Important enough to get a Governor elected! UPDATE) American Bingo Shares Surge After S.C. Court Upholds Video Gambling Dow Jones Online News, Thursday, November 19, 1998 at 16:44 CHARLOTTE -(Dow Jones)- Shares of American Bingo & Gaming Corp. surged Thursday after the South Carolina Supreme Court upheld the legality of video gambling - an issue that helped oust the governor in this month's elections. In a 3-2 decision, the court ruled that most of the state's video gambling machines don't constitute lotteries in violation of the state constitution, according to the clerk's office and an attorney in the firm that sought to have the games banned. The case was argued in April. The state's attorney general filed suit last year against gambling companies, calling video poker "the most important social and policy issue facing the state's citizens and elected officials." "With 60% to 65% of revenues coming from video poker in South Carolina, it (the ruling) removed a tremendous cloud from over the company," said American Bingo & Gaming Vice Chairman George Harrison Jr. "It had depressed the stock price because it had brought into question as to whether we could continue to operate in South Carolina," Harrison said. Shares of American Bingo & Gaming (BNGO) jumped $1.156, or 60%, to close at $3.094 on volume of 1.2 million, well above the daily average of about 37,000. Harrison said American Bingo & Gaming is the only publicly traded company affected by the ruling. In addition to its South Carolina video-gaming operations, American Bingo & Gaming operates bingo centers in the state and in Texas and Alabama. The video gambling issue factored into the recent governor's race in South Carolina. Republican Gov. David Beasley was defeated by challenger Jim Hodges, the former state House Minority Leader. Beasley had raised the ire of gambling interests by calling for an end to the $2 billion-a-year video poker industry and opposing creation of a state lottery. Some gambling critics have called video poker the equivalent of "crack cocaine" because of the apparent ease with which some people can become addicted to it. Critics explain its addictiveness this way: It can be very cheap to play, with some games costing as little as five cents a hand; it requires little or no skill (players can't raise or bluff, as they do in real poker); it is quick - a gambler can play six or more hands in a minute - and offers instant gratification for winners. Many players appear to be mesmerized by the machines' slick graphics and sound. Also, unlike casino gambling, video poker appeals as much to women as men. Last year, a 10-day-old infant died in a sweltering car while her mother played video poker for hours. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.

To: Starduster who wrote (13754)	11/19/1998 6:20:00 PM
From: HiSpeed	Respond to of 119973

This should buoy Inet stocks well very tomorrow. jmo

To: Starduster who wrote (13754)	11/19/1998 6:21:00 PM
From: ztect	Read Replies (2) \| Respond to of 119973

RE: DBCC DENVER (Dow Jones)--Data Broadcasting Corp. (DBCC) shares hit a new 52-week high Thursday, and Co-Chief Executive Alan Hirschfield attributed the increase mostly to anticipation of an initial public offering of CBS MarketWatch, the company's 50-50 joint venture with CBS Corp. (CBS). The stock of Data Broadcasting, a Jackson, Wyo., company that provides real-time market data to individual investors and others, was up nearly 10% recently after a 29.2% rise Wednesday. CBS MarketWatch, which runs a business-news Web site with stock quotes and other financial information, has filed for the IPO with the Securities and Exchange Commission. Hirschfield noted that other Internet-related IPOs have performed well, and investors appear to be imputing a value to Data Broadcasting to reflect the potential value of its current 50% interest in CBS MarketWatch. The offering would put 20% of the joint venture into the public's hands. Hirschfield also attributed some of the stock activity to growth in Internet subscribers to the company's real-time market data. Data Broadcasting has been shifting its emphasis to delivery through the Internet rather than cable TV or FM radio. In reporting results Monday for its fiscal first quarter ended Sept. 30, Data Broadcasting said its Internet subscriber base grew to 6,200 from 1,000 last December, a rate Hirschfield said was faster than the company had expected. A third factor in the stock rise may be the positive first-quarter results for InSite, the company's data services for the professional user, he noted. Daniel King, research analyst with LaSalle St. Securities in Chicago, said Data Broadcasting's core business is doing "basically well," but what's mainly driving the stock is the prospect of the CBS MarketWatch IPO. He cited recent excitement over Internet IPOs. For instance, there was EarthWeb Inc.'s (EWBX) leap from its offering price of 14 to nearly 49 on the stock's first day of trading Nov. 11. "I think it's a reflection of the broad rally in Internet stocks," he said of the Data Broadcasting surge. However, King, who has a neutral rating on the stock, said he thinks much of the trading is on a short-term basis. "I think that people have just gotten way overboard on Data Broadcasting," he said. After a 29.2% rise Wednesday, Data Broadcasting shares were recently up 3/4, or 9.7%, at 8 1/2 on volume of 4.1 million, compared with a daily average of 172,500. Earlier, they rose as high as 9 5/8, past their previous year record of 9 1/8 set in April. - Tom Locke; 303-293-9294 (END) DOW JONES NEWS 11-19-98 03:59 PM- - 03 59 PM EST 11-19-98

To: Starduster who wrote (13754)	11/19/1998 6:40:00 PM
From: alruss	Read Replies (1) \| Respond to of 119973

Sandie Re: BNGO I wish you all the best, BUT you had 86 posts since 10:00AM, too much. Now please don't think I am rude or had a bad day, in fact I am up 5%, but not with BNGO. If it has news on Mon., I might consider buying it Fri. but not Thurs. with all of the nets constantly on the verge of crapping out. Tomorrow is options expiration, and stocks such as WCOM and CISCO went up 3-4 points, meaning that $3 options, (similar to your BNGO) doubled and tripled TODAY. The people who make real money are too busy to page through all this. We need FACTS FAST, todays news , not Mondays. Again, I apologize if this sounds rude. This thread is amazing, and many are making big money. We all need to control our excitement as it will not last. Listen more and keep your finger on the SELL button. Best of luck.