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To: Gregory Snowdon who wrote (404)5/16/1999 8:47:00 AM
From: Herc  Respond to of 1266
 
I think what drove it down a little last week was the proposed federal ban on internet gambling. But if you go back and read the WSJ article in the thread you will see that the law is written so STATE SANCTIONED internet lotteries will be granted a virtual monopoly.

And we're waiting for an announcement of a contract with a state.



To: Gregory Snowdon who wrote (404)5/16/1999 9:40:00 AM
From: Robert J  Respond to of 1266
 
For us, the real story is that it is getting close to our sell point. Maybe it will bounce off of the 50dma then again maybe not. It did on the 7,10 & 11 of May. It was up .59 according to my charts last week.
If it can build on that we will be ok.

Bob

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