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To: Harry Hawker who wrote (62)	2/6/1999 4:36:00 PM
From: bobkern	Respond to of 192

I disagree. News said it was "record wagering revenues". My interpretation of this is that it is revenues made by them from wagering. Now we can argue this point but that is how I see it. If you know anything about gambling, odds are ALWAYS in the houses favor. With the amount of hits they claim to be getting, I would venture to say this is a pretty solid dollar figure. Gambling in any form is very lucrative to the "house". Doesn't matter what our opinion is, they are making good money with little to no expense involved. 70% profit margin is small if you ask me. No dealers to pay, no stick men or pit bosses, no cocktail servers, none of the expenses casinos have to contend with and look how profitable they are. And this is just catching on. They matched their revenue from Sept-Dec 1998 in January alone. Makes you wonder what the rest of the year will bring. I think we will all be winners from this one when word gets out. The comparison shopping search engine will give them much exposure when it is unvailed. As for assets, they already own a casino in the Dominican Republic. This alone should give us a book value of over $2 without everything else. Just my opinion but I like what I see. Bob