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

To: David Michaud who wrote (42)	12/7/1998 12:50:00 PM
From: Jerrold Annett	Read Replies (1) \| Respond to of 124

Something is up! I just got off the phone with IR and I sense a real excitement at LCG. I think they are working on some kind of deal to expand. They can do this without diluting shares because they have so much capital on-hand. They assured me that dilution is the last thing they want to do since management holds such a large position in the company...they wouldn't want to give up any portion of their hold. Due out this week or shortly thereafter is the report by McDermid-Goepel which is bullish on LCG. This and a surprise news release about expansion will be excellent for LCG over the short term. The news that is coming is a whole new business adventure and could not be commented on further by LCG. I am very, very, curious! LCG has the bucks for something really juicy. Before we speculate on what it is......we should remember that B.C. is lagging all provinces in revenues generated by Gaming. B.C. is lagging by half in terms of percentage of revenues. The B.C. government knows this and they are in the process of making immediate recommendations and policy implementations to up the revenues. LCG which probably all ready knows of these up-coming changes will poise themselves in the short term to pounce on the government regulation changes as they occur..........Any comments out there on this? These are just my thoughts.