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Non-Tech : ASCA Ameristar Casinos

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To: brad greene who wrote (13)	5/15/2000 1:01:00 AM
From: brad greene	Read Replies (1) of 24

Q1 Earnings This Week All, ASCA should be reporting Q1 earnings this week. Estimates were +3 cents.....but ASCA pre-announced a few weeks ago that they expected to report above +14 cents. ASCA's earnings for the year of 1999....were +1 cent. ASCA's earnings for the year of 1998....were -62 cents. Bear Stearns has ASCA rated at "hold" right now.....but has raised estimates of Q2 to +17 cents.....and have raised year 2000 estimates to +60 cents. Looks like an earnings turn-a-round is at hand for ASCA. The best year ASCA has ever had......was +48 cents....I believe. The stock traded well over $10.00 at that time.....hitting $15.00 as a high. bg

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