WMS Industries, Inc. (NYSE:WMS)
CAPS Rating:
The Company designs, manufactures and distributes gaming machines and video lottery terminals.
The Company designs, manufactures and distributes gaming machines and video lottery terminals.
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Recs
WMS is a growing company in a flat industry. The industry leader IGT is losing marketshare to WMS. WMS is increasing the base of leased machines (which generate long term profits at the expense of short term sales) and taking the leadership role in new technology. Walk a casino and look at he games that are beining played.