daily reminders in the afr, page-3

swharris,

I think that is certainly possible. Played the pokies again last night and got smashed...lol.

Hopefully can get the losses back from the shares.

I just look at IGT shares in the US and see a PE of 25 in this bear market. The industry is performing well and the issues with ALL are stock specific i.e. with management systems and product focus.

ALL in my opinion has far superior product quality than IGT or any other poker machine maker and once they start focusing on the stepper product in the USA then market share and profits will increase.

The trouble is with such a management stuff up is that the exact issue weighs on investors minds and they start to question the business in general. The business is rock solid and I believe it's very easy to turn around with the correct management focus. Might take a little time but the upside is there for the taking.

Believe be, I've backed up my comments with shares in ALL. Not as many as PPT but still quite a few for my investment portfolio.

Cheers,
Munch.