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   Non-TechMGM 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.
   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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To: Steven W. who wrote (66)12/31/1997 9:53:00 PM
From: Janet Madison
   of 96
 
Steven,
Is the buy signal here NOW?
I think so.
Happy and prosperous New Year!

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To: Janet Madison who wrote (67)1/1/1998 3:00:00 PM
From: Steven W.
   of 96
 
Janet,

I think you will see a short term bounce back to $40 in January. This
is a great long term stock to own. The MGM and NYNY are doing
great. The NYNY is doing the best of any casino in Las Vegas.

They will be either selling more shares in the short term to pay for the
Detroit Casino or taking on more debt. I would think since the stock
is below $39.50, (the last issue price of outstanding stock) they would
want to push the stock price back around $40.

This stock also has a ton of new Strong Buy recommendations on it.
I plan on getting back in very soon. I think at the current levels
the downside risk is less then the upside potential.

Steve

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To: Steven W. who wrote (68)1/4/1998 9:38:00 PM
From: UNDERTAKER
   of 96
 
How much is Ted Turner involved with MGG, And in what role?

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