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Non-Tech : MGM Grand Hotel and Casino Symbol MGG

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To: miklosh who wrote (58)10/27/1997 5:52:00 PM
From: Steven W.  Read Replies (1) of 96
 
miklosh,

I thought it was interesting that Mr. K bought additional shares. Let's
see, If you knew you might get a bid for $70, well $45 seems pretty
cheap. Even if Hilton doesn't buy MGG, they might do something
else to increase the price.

The amount of cash that flows through MGM and NYNY is a huge
number. They run it almost as good as Steve Wynn does and that
is pretty darn good. If it dips some more, than I am thinking about
increasing my position.

Good Luck,

Steve

PS, this is one of the easiet stocks to trade and make money on. The
chart hasn't lied yet.
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