you stated:(Must admit I am disappointed about the recent RFID by GPIC/SHFL/IGT to Macau)
Again you really shouldn't be surprised, as I said before the high frequency system is still under development (as far as I know). If the system isn't available yet I would expect to only see low frequency sales. Which unfortuanetly VNX has zero produces.
It's not Monday morning quarterbacking when a person has consistently, and for an extended period, posted that VNX was, and is, a lame company not worth buying, while SHFL was, and is, a great company worth buying. And, in fact, this is exactly what I have been posting for the last ten years.
I have been debating "Dumb Men Squawking" like the ScamMan for ten years regarding VNX "taking market share and hurting SHFL's margins." There's nothing new, or "rear view," or inconsistent about my positions on this subject.
In fact it is you and the other "C" girls who showed up out of the blue and turned this into an issue with your unsubstantiated posts, misinformation, and claims about past performance that cannot be proved other then by taking your words, which isn't something any intelligent person should do on an anonymous stock chatroom site.
Regardless of what good or bad calls one made 'yesterday', one still needs to look at the future.
However, what one sees 'in the future' Oct 2005 and the future one sees today may be very different. My expectations re vnx Oct 1995, Oct 2005, and today are very different.
Bobshfl feels important by playing the Monday morning quarterback. We ALL know what good/bad calls went down yesterday.
If VNX products were as good as my perception Oct 2005 (based on what the company was saying at the time) VNX stock would be a lot higher than it is today.
Likewise, if VNX future was guaranteed to be as bleak as some on this thread predict, NO ONE would be doing PIPEs and NO ONE would be buying stock.
For those interested in past history, I purchased my last shares of vnx before they did the offering at $5 ~ 4 years back. My present position is < 10% of what I once held. (I sold a bunch of shares early this year after learning how the "working flawlessly" shufflers were actually performing - using the $$ to buy something with far less 'question marks'.)
Having said all the above, I repeat: company either gets bought out between $5-$10 or gets bought out at 51 cents. (btw either scenario will happen MUCH sooner than pj's early 2008 time frame). And of course if the latter scenario occurs, Bob will be spouting "I told ya so". Great to be a Monday morning quarterback. But ya gotta make your bet before the weekend.
Re shfl, I have consistently posted I felt shfl long term would do great - regardless of what vnx did.
btw Bob, can you give us some insight re these guys Keil and Smith are ? tia
Unless your field is history or anthropology, you should try living in the present. Much more fun.
You "c" boys keep claiming we are dwelling in the past yet you have been saying that for 4 record losing quarters in a row now..
The past now was present & future then ,yet you keep using the same old tired line about look to the future,not the past...
And what planet do you live on?
VNX just reported their Q4 a quarter in which you've posted many times was going to be their turnaround quarter. If that was a turnaround then your field of study must be fiction. Meanwhile SHFL also just reported their Q4 and they, as usual, knocked the cover off the ball exceeding all expectations again. The really gut-splitting thing about SHFL's quarter was its growth was fueled by their shuffler division. Or, at least, it was to a great extent. Haven't you posted about 100 times how this division was going to be clobbered by VNX? (LOL)
Remind me, again, is it the planet "delusional" where you reside? (LOL)
"you really shouldn't be surprised, as I said before the high frequency system is still under development (as far as I know). If the system isn't available yet I would expect to only see low frequency sales. Which unfortuanetly VNX has zero produces."
Did not say I was "surprised". Said I was "disappointed" only because I was/am hoping to hear some positives re sales of vnx's Hi-frequency chips. Until that happens I will NOT be convinced vnx can compete in this arena.
As far as it being "unfortunate" that VNX has zero low frequency products, some (including myself) predict low frequency chips will be/were obsolete tomorrow/yesterday. When are you planning to turn in your Hi frequency Intel Pentium for the lower frequency chip of yesteryear ?
When are you planning to turn in your Hi frequency Intel Pentium for the lower frequency chip of yesteryear ?
Actually I own a PC with a Pentium chip. I also recently bought a MAC Powerbook laptop with a much less powerful G4 chip. However with a simpler software language the chip perform as well as th high powered pentiums. I will say I have had ZERO problems with the mac. However, I cannot say the same with my pentium chip with windows XP. I was skeptical about purchasing a MAC at first, but after using and comparing the two I will never own a microsoft driven pentium again. In this case higher frequency chips are not necessarly better. Does that answer your question.
yo cort, ummm.. isn't the contract you're referring to here the 'other' (pgic / not gpic) company? I think the triad is shfl/igt/pgic not 'gpic'.
and i think has no negative implications for what you've been hoping to see ..