mvl sales were not impressive. A major portion of their profits were from a one time gain re: taxes and toy sales were off etc. Too many negatives on mvl to interest me.
Now IGT up $2.34 yesterday has huge upcoming contracts to upgrade casinos to coinless slots. New interpretation of Indian law which will allow slot sales to Indian Casinos so IGT was the better "bet" .
That was the major reasons to change my thinking the other day and the results were dramatic as you saw.
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