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Non-Tech : ADVV (Advantage Technologies) - formerly CSIN

ADVV 0.750

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Sep 27 5:00 PM EST

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To: C. PHILLIPS who wrote ()	6/17/1999 8:27:00 AM
From: Whisperer!	of 483

A Bizarre Bid for Caesars Thu Jun 17 1999 A bid for the purchase of the eight Caesars hotel-casinos came seemingly from out of nowhere. Ocean Fund International, the company that says it runs the world's largest Internet sex site, Sex.com, issued a statement Monday night announcing its bid of $3.6 billion in cash. However, Starwood, Inc., the current owner of Caesars, denies ever hearing of the purported bidder--so does Park Place Entertainment, the company that plans to buy the hotel-casinos later this year. Gaming industry analyst for Bears Stearns & Co., Jason Ader, comments: "We characterize that as bizarre, and we underscore the word ‘bizarre.' Our advice to investors is to dismiss this as so much noise. It's not likely to have much credibility." See the LA Times for the complete story.

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