MGM Grand Hotel and Casino Symbol MGG | Stock Discussion Forums

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Non-Tech MGM Grand Hotel and Casino Symbol MGG

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To: Randy Atkins who wrote (40)	7/28/1997 12:42:00 AM
From: Randy Atkins	of 96

I'll go out on a limb here and predict that we will see some upward movement Monday. Friday's 15/16th's loss was due largely to a single 120,000 block sell. We will regain some ground Monday. If I'm wrong, next time I go to LV, I will buy you all a shrimp cocktail from Golden Gate. Plus crackers... --Randy

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To: Randy Atkins who wrote (41)	7/28/1997 1:58:00 AM
From: Robet Butkus	of 96

A little blurb in Barrons..shold help some,

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To: Robet Butkus who wrote (42)	7/30/1997 10:59:00 AM
From: Jesh	of 96

I was just in Vegas a few days ago. No signs of slowdown, though traffic is still a problem. People still flock MGG & other places. Their EFX show is a sell out! Looks like this is a good time to BUY some MGG. CIR looks like a good buy as well.

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To: Jesh who wrote (43)	7/30/1997 2:18:00 PM
From: Steven W.	of 96

Jesh, Great to hear it is still rocking at the MGM. The stock is moving higher on heavy volume today. This sector has been whipped over the last few months. Over 600,000 shares at 1:00pm at $33.75 up 3/8's. Steve

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To: Steven W. who wrote (44)	8/1/1997 11:37:00 PM
From: Randy Atkins	of 96

Nice support today. MGG held up nicely while other sector stocks faltered (MIR and CIR). Still worried about those stocks of ol' frizzy hair... --Randy

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To: Randy Atkins who wrote (45)	8/21/1997 6:58:00 PM
From: Steven W.	of 96

Randy, Smith Barney initiated coverage of MGG at outperform after the close today. Can anyone tell me what outperform means. I understand hold, buy, and strong buy. Two good days in a row. Up a point on a down day. Still holding on to MGG. Steve

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To: Randy Atkins who wrote (45)	8/29/1997 10:38:00 AM
From: Steven W.	of 96

Randy, MGG up $1.25 this morning. It has creeped up from $35 to $38.50 in the last week or so. I have been tempted to sell. Last time I did this with this pattern, I missed out on 7 points. I am in at least till $40 and then will review it again at that time. Steve

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To: Steven W. who wrote (47)	8/29/1997 2:19:00 PM
From: Randy Atkins	of 96

Steve, this is not the time to bail. The entire gaming sector is shining over the past several sessions, while the general market is singing the blues. I really believe that it is this sector's time up at the plate, which I said initially when I came into MGG. These are the games that Wall Street plays. MGG is no better buy that it was six months ago, but NOW the street is realizing it. Hang tough. --Randy Shameless hype: Check out the thread on "Silicon Gaming". If you like gambling stocks, this one is a good play.

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To: Randy Atkins who wrote (48)	8/29/1997 2:43:00 PM
From: Randy Atkins	of 96

Big blocks coming in. Looks like 1 block this moring for 25,000 shares. Another this afternoon for 25,000 shares. Is that you, Steve?<g> --Randy

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To: Randy Atkins who wrote (49)	8/30/1997 8:01:00 AM
From: Steven W.	of 96

Randy, Wow! $40.25 on no news. I feel good that I didn't unload now at $38. Compared to Mirage, this valuation is still quite under valued. I am still going to hold on for a few more points and then decide on what to do. This is one of the few stocks that I trade in and out of. The pressure seems to be still on the up side. As far as that large block of 25,000 shares. I only wish I had that kind of money. Steve

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