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   Non-TechMGM Grand Hotel and Casino Symbol MGG


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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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To: Steven W. who wrote (60)10/30/1997 7:06:00 AM
From: Bob Frey
   of 96
 
KK bought the stock from Don King after tyson was suspended from fighting.

I read a story last night talking about the deal in yahoo.

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To: Bob Frey who wrote (61)10/31/1997 2:41:00 PM
From: miklosh
   of 96
 
Any news on MGG today to account for the runup? TIA <eom>

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To: miklosh who wrote (62)10/31/1997 3:24:00 PM
From: IGL
   of 96
 
I cannot find anything, but something is up.
3:22PM 43 7/8 Volume 454500
igl.

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To: Jesh who wrote (43)11/20/1997 5:10:00 PM
From: capitalistbeatnik
   of 96
 
Stayed at the MGM and I have to report its not very well run. For players, much better odds can be found downtown at Binions Horseshoe, for young people looking for fun, the Rio is better (as are the rooms), and for roulette/internation the Monte Carlo and the upcoming Bellagio will be better.

It takes forever to get from the room to the floor and it is way too easy to get lost. The lobby cannot hold the foot traffic in the hotel. MGM should have learned from the 1981 fire about these kind of things. If there was ever a fire in this hotel, look out.

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To: Steven W. who wrote ()11/21/1997 8:53:00 AM
From: John Mireley
   of 96
 
MGG is one of three picked to develope
casinos in Detroit. Mirage, one of the
four finalists lost out.

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

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.

Steve

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