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International Game Technology PLC Message Board

  • sgolditch sgolditch Apr 21, 2005 2:02 PM Flag

    i will explain move

    it's about time--igt still has 70% of market--competitors are played out--they've had their day-only igt has the money & brains to stay on top-new games will be in bigger, newer hotels--wms & aristocrat are peanuts compared to igt--who deserves high multiple--pa & cal will be settled & then orders for new machines will come in-just have faith

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    • <<igt still has 70% of market>> The word is HAD.

      WMS,AGI, and ARLUF with their new machines are taking business from IGT, and there is a new player in town with deep pockets----GTK.

      Can you say "Progressive" business????which is down. "Casino without walls" is NOT a true statement anymore.

      Still half the pie is nothing to sneeze at...imo

    • **it's about time--igt still has 70% of market--competitors are played out--they've had their day-only igt has the money & brains to stay on top-new games will be in bigger, newer hotels--wms & aristocrat are peanuts compared to igt--who deserves high multiple--pa & cal will be settled & then orders for new machines will come in-just have faith**

      AGI is also in the game

    • Singapore is going to approve gambling, a baseline of $1.20 in earnings was set due to Mega Bucks, etc. So we'll have more expansion in time...and the stock...at 21 or 22 PE is near a low...and the dividend is there.

      Truthfully, when I first saw the #s I thought were were in a 22 to a 25 range...and I don't think we'll see 30...perhaps it's just the shorts getting popped.

      I think we have 6 mos. in the 25-26 range...we shall see.

 
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