CXI-Commodore Environmental Message Board

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Strategies & Market Trends : CXI-Commodore Environmental

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To: Russel W. Kennel who wrote (891)	5/29/1998 11:11:00 PM
From: valuvester	Read Replies (1) of 1755

Your solicitation of "bets" reminded me of something. In 1978 resorts international inc. stock went from $2.50 to $10. on the anticipation of a license award to operate a casino in atlantic city.When there was a delay in awarding the license and doubt entered into the minds of the investors the stock dropped to $1.50. Then the "economic event" occurred. The license was granted and the company booked revenues and the stock saw over $300. a share.No one can predict the future,but lets hope the economic events unfold sooner rather than later.

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