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

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To: David Fleming who wrote (27)8/11/1997 8:59:00 AM
From: H.J. Schellenberg   of 158
 
David:

I think you underestimate the pessimism that exists right now about the opening on 1 September. When the reality of success hits on 1 September, the stock should soar to new highs. Smart players are buying now, including the folks at Virginia Business, which will do a feature article (very positive on the stock) in their next issue. I visited the construction site this weekend and the crews are 90% complete on all needed construction to meet the State of Virginia deadline. They will make it!

I am going to both the ultimate beach party and the 1 September race. I'll be the one wearing the "Buy Colonial Downs (NASDAQ- - CDWN) 300% Growth" t-shirt (just kidding).

BTW, did you catch the Virginian Pilot article on the front page of the Saturday paper? Pat Robertson's Christian fanatics are at it again on their anti-gambling agenda.

The article mentioned the rumors that Colonial Downs will not meet the 1 September deadline; however, in the same article they quoted O.J. Peterson, III as saying hey would meet the deadline.

Go CDWN!
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