CDWN - Colonial Downs (1st Horse Track in VA since 1800s) Message Board

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Non-Tech : CDWN - Colonial Downs (1st Horse Track in VA since 1800s)

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To: H.J. Schellenberg who wrote (11)	7/25/1997 2:09:00 AM
From: David Fleming	of 158

H.J. - Looks like a winner to me. I drove by the new track a couple of months ago while traveling to Williamsburg. Very impressive. I really think this is going to fly. I'm betting that Virginia will approve many more of the SWF's. The potential revenue is just too tempting and lots of cities will be pushing. I'm surprised more people are not posting to this thread. Maybe it really is an undiscovered gem. I WILL buy 1k shares soon. I'm not sure if I should buy now or wait until earnings announcement. We'll probably see 6 or 7 cents. I'm afraid investors will compare this with the undiluted .12 from 1st qtr and get spooked and sell. Zacks is rating it a hold and showing one other brokerage with strong buy. Their 97 Est is .25. 98 is .75 . First Call is showing only 1 broker with .37 and .92.. Do you know what the other analysts are saying? What do you think? DF

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