Re: [CANSLIM] gaming stocks B/o

From: Chazmoore@aol.com
Subject: Re: [CANSLIM] gaming stocks B/o
Date: Thu, 15 Aug 2002 17:27:18 EDT

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Hi Scott: Thanks for bringing up those gambling stocks. All three now set 
well above the mid point of a cup formation and will be interesting to watch 
develop. However, most of the stocks in the gaming industry carry huge debts. 
For example, HET, 270%; BYD, 323%; ISLE, 625%.

Does anyone know why? Is it inherent in the industry? Is this the result of 
acquisition/consolidation?

Off the top of my head it seems to me that a further slow down in the economy 
could force some of these shops into bankruptcy. What is your take?
Charley

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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2>Hi Scott: Thanks for bringing up those gambling stocks. All three now set well above the mid point of a cup formation and will be interesting to watch develop. However, most of the stocks in the gaming industry carry huge debts. For example, HET, 270%; BYD, 323%; ISLE, 625%.
<BR>
<BR>Does anyone know why? Is it inherent in the industry? Is this the result of acquisition/consolidation?
<BR>
<BR>Off the top of my head it seems to me that a further slow down in the economy could force some of these shops into bankruptcy. What is your take?
<BR>Charley</FONT></HTML>

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