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Non-Tech : MGM Grand Hotel and Casino Symbol MGG

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To: John Mireley who wrote (65)11/22/1997 8:43:00 PM
From: Steven W.  Read Replies (1) of 96

It was almost assured that MGG would get the green light in Detroit.
Kirk's buddy Lee I. has some friends in Detroit. Being a former
Board member of MGM might have had a little influence.

I have been out of this stock for over a month. I have been waiting
on the sidelines for a buy signal. EPS is going to be average because
of the $250 million upgrade to the MGM Grand's main property.

At around $40 - $42 it still is a great long term investment, but the
short term makes me a little nervous.

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