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Non-Tech : MGM Grand Hotel and Casino Symbol MGG -- Ignore unavailable to you. Want to Upgrade?

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