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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Mark Fowler who wrote (131476)9/19/2001 1:27:03 PM
From: H James Morris  Read Replies (2) of 164684
 
Mark, here's a group you can short without the feeling of being unpatriotic.
Betcha 95% of Americans won't feel sorry if Las Vegas Casinos lose their A$$ for the next year or two.
Las Vegas casinos peaked with the bubble. Trust me.
>Shares of most major hotels, resorts and travel companies fell further Tuesday on investor fears that tourism and business travel will drop dramatically and consumers will curb their spending after the Sept. 11 terrorist attacks.

The nation's top four gaming stocks--MGM Mirage Inc., Mandalay Resort Group, Harrah's Entertainment Inc. and Park Place Entertainment Inc.--all hit lows for the year.

Prospects for these operators of Las Vegas casinos and hotels have been dimmed by cancellations from business groups and leisure travelers. Las Vegas expected to be 90% full for the busy mid-September weekends, but now figure they'll average 70%, said a spokesman for the Las Vegas Convention & Visitors Authority. Shares of other major hotel chains also retreated for a second straight day, as did major providers of travel services.
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