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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Michael Burry who wrote (6550)	4/3/1999 9:09:00 AM
From: Freedom Fighter	Read Replies (1) \| Respond to of 78644

Mike, >>On another note, I see that Anchor Gaming (SLOT) and IGT are falling in response to pending legislation and decreases in casino builds. I'm preparing to buy both. << Could you please elaborate (time permitting) on your understanding of these two businesses and the issues related to the stocks falling? They both just made my screen of potential values but I have never looked at either. I am interested in getting up to speed on the story before I spend too much time looking at the numbers. Wayne

To: Michael Burry who wrote (6550)	4/3/1999 10:38:00 AM
From: Ron Bower	Respond to of 78644

Mike, "On another note, I see that Anchor Gaming (SLOT) and IGT are falling in response to pending legislation and decreases in casino builds. I'm preparing to buy both." I suggest you look at SHFL. I recently took a small position with intentions of adding if they perform as I think they will. I like the potential for recurring lease revenues from their card shufflers that are just now starting to get into the casinos. This is new business with established casinos and does not rely on casino growth. You'll find many posts from disgruntled investors that bought at higher numbers expecting quick profits from a company that will slowly build a recurring revenue base. FWIW, Ron