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   Non-TechMGM Grand Hotel and Casino Symbol MGG


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To: Randy Atkins who wrote (48)9/3/1997 12:07:00 AM
From: Mang Cheng
   of 96
 
Randy, I just bought some Circus Circus (cir) today. What's the reason the gaming sector is turning around ??? I bought in based on reading the chart. I figured if MGG broke out then it's only matter of time cir break-out too.

Mang

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To: Mang Cheng who wrote (51)9/3/1997 7:13:00 AM
From: Randy Atkins
   of 96
 
No reason except what was under a cloud yesterday is out in the sun today. Wallstreet is certainly a fickled mistress.

The gaming industry faces some very real problems; overcapacity, increased competition, transportation bottlenecks (in Las Vegas), etc., but these problems will be worked out over time. In any case, MGG is a winner, regardless. They are a well-run organization.

Good luck on your CIR.

--Randy

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To: Randy Atkins who wrote (52)10/22/1997 8:47:00 PM
From: battle beast
   of 96
 
Is this thread dead? MGG just reported record earnings today and nobody is here to talk about it?

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To: battle beast who wrote (53)10/23/1997 11:06:00 PM
From: battle beast
   of 96
 
MGG is going to shoot thru the roof tomorrow! Latest article in BW says that Hilton Hotel is eyeing MGG for a buy out which is worth $70 a share.

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To: battle beast who wrote (54)10/24/1997 10:20:00 AM
From: DWB
   of 96
 
Here's another article from Yahoo on the possible Hilton interest....

biz.yahoo.com

DWB

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To: DWB who wrote (55)10/24/1997 11:21:00 AM
From: RANGER374
   of 96
 
Yup,

The Hilton persuit has been mentioned many times today on FNN aND CNN.

Market buyers say new Hilton CEO is going after MGG with a passion and the worth is set @ >$70/share.

Just bought 1K @ $43 1/2.

Excellent earnings vs the Hilton deal translates to big gains to stock holders.

@10:22 the market is falling apart in many sectors.

Joe W.

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To: RANGER374 who wrote (56)10/24/1997 8:43:00 PM
From: Steven W.
   of 96
 
To all,

MGG is worth a lot to Hilton. It has great management and a relation-
ship with Marriott. I don't think Hilton want's Marriott to gain any share
in Vegas.

Plus the Detroit market. This stock would be at $50 if it wasn't for
the blood bath the market has taken the last few days.

Steve

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To: Steven W. who wrote (57)10/25/1997 12:29:00 AM
From: miklosh
   of 96
 
A question to all: With regards to Kerk Kerkorian's recent purchase of 618,557 shares @ $45. Did he need these additional shares to aquire some kind of control or leverage of MGG, or was control already his and he merely felt that this was his best investment for his $28 million ? TIA

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To: miklosh who wrote (58)10/26/1997 6:17:00 AM
From: Bob Frey
   of 96
 
Here you can find some links with more information.

en.com

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To: miklosh who wrote (58)10/27/1997 5:52:00 PM
From: Steven W.
   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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