Forum Archive Index - September 2001

["Wedde, John" <John.Wedde@weltec.ac.nz>]

You betcha!!
Disc: Hold Ebet

Cheers,
John

                -----Original Message-----
                From:   Adam Rands [mailto:adamlist@iguana2.com]
                Sent:   Thursday, 13 September 2001 19:24
                To:     sharechat@sharechat.co.nz
                Subject:        Re: [sharechat] Ebet coming up trumps

                I agree Nick

                I have been a holder of Ebet since its float.

                Ebet are winning a lot of business in NSW and have been
making great in 
                roads into the States

                The biggest threat to EBet is with the Australian
Government. Any major 
                change in Gaming policy could affect its outlook
dramatically

                This is why I was pleased to see that they are making money
in the States. 
                Their income streams are becoming more diversified which
removes some of 
                the risk mentioned above .

                Further to this they have had a number of products (cashless
gaming) on the 
                shelf for the last 2 years which they have been unable to
sell. Now that 
                they have been approved by the government we should see some
significant 
                growth.

                Cashless gaming will be huge in Australia - The Clubs and
RSL's are prime 
                targets for armed robbery (2 the other week). With these
incidents on the 
                increase many clubs will find it cheaper to install a
cashless system 
                rather than employing additional security staff and paying
higher insurance 
                premiums.

                I hear that their business is close to being cashflow
natural... My god.. a 
                "tech" company may actually make a profit next year.

                The one issue that I think holds back the Ebet share price
is the 
                uncertainty surrounding the expected distribution from its
previous owner 
                EGlobal (formally Coms21).  The distribution appears to be
held up in the 
                courts.....


                Adam



                Disc - Hold Ebet (and EGI) - waiting to make my money back.



                At 02:29 PM 13/09/2001, you wrote:
                >                Ebet is starting to deliver on a number of
fronts. The
                >cashless gaming machines appear to be gaining acceptance in
the
                >clubs of New south wales.  Today they announced a second
contract
                >with a large club.
                >     Yesteday they also announced that its US office had
this month moved
                >into profit for the first time. The potential is enormous,
go to
                ><http://stocknessmonster.com/>http://stocknessmonster.com/
to read the 
                >full announcements.
                >             Note also that eBet  provide regular and very
detailed updates
                >to the market, unlike certain e-stocks we could mention.
                >  They are recommended as a buy by several broking houses
but
                >they remain fairly undiscovered as reflected in the
shareprice.
                >
                >     Nick


        
----------------------------------------------------------------------------
                http://www.sharechat.co.nz/          New Zealand's home for
market investors
        
----------------------------------------------------------------------------
                To remove yourself from this list, please use the form at
                http://www.sharechat.co.nz/forum.shtml.

###########################################################################
This e-mail message has been scanned for Viruses and Content and cleared 
For queries on e-mail scanning email the postmaster@weltec.ac.nz
###########################################################################


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.