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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (25441)12/4/2006 3:40:32 PM
From: Paul Senior  Read Replies (1) of 78715
 
Madharry, I will follow you in ARUZE today with a small buy.

It's a gamble imo. (yes, a too obvious pun -g-)

If WYNN stays up, then ARUZE should do okay also. That's a significant IF.

Looks like ARUZE is at an all-time high? Gambling stocks up sharply today; WYNN up $5.6 to $93, so maybe not such a good day to be buying ARUZE.

I have a little LVS (among other gambling stocks). I'd like to continue to make a long-term bet on Chinese/Asian gambling, and rather than add to LVS, I'm willing to diversify by going with WYNN a little through ARUZE. And for me, I'm willing to pay up now for a few shares.

jmo, I could be wrong.
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