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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Knighty Tin who wrote (250763)	7/17/2003 11:54:30 AM
From: ild	Read Replies (2) of 436258

11:48 ET MGM Mirage CEO sees Q3 EPS of about $0.30 -- Reuters (MGG) 32.37 -1.95: -- Update -- The Reuters Research consensus for Q3 is $0.39. Reuters also reports that co's board of directors has decided not to declare a dividend; CEO says share repurchase is better use of capital than dividend. What CEO meant to say: share repurchase is better use of capital than dividend because MY STOCK OPTIONS ARE UNDERWATER.

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