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Non-Tech : RAINFOREST CAFE

RAIN 5.860

-27.9%

Dec 31 3:59 PM EST

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To: Dennis Vail who wrote (469)	8/14/1996 8:02:00 AM
From: Marshall Teitelbaum	of 4704

Dennis, The problem isn't finding stuff to put on the scorecard, it's interpreting exactly what it all means for the long haul. Half the fun is the guessing, I suppose. Casino stuff yesterday as per MF website news: Harrah's and Circus Circus both were downgraded, and down in sympathy were Mirage and Grand. When those guys have a tough day, TOWV's limits are tested(especially Grand). I think the key here is keeping an eye on the industry and the market in general at the moment. American Wagering is a bookmaking company which opens up in a lot of the casino-hotel places. I can get more details for you later when time permits, but obviously it's extra business and income for any hotel to have one of these things downstairs. Keep your mind on work these last couple of days, Marshall

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