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: David Fleming who wrote (35)	8/15/1997 2:02:00 PM
From: H.J. Schellenberg	of 158

I do not believe that is a possibility, unless a hurricane comes through here in the next 14 days. I have actually checked the Atlantic tropical map, there is not one low pressure system in the intertropical convergance zone right now. I talked to investor relations yesterday and the track and grandstand are progressing very nicely - actually a couple of days ahead of schedule right now. We are looking real good with the DOW down 200+ points the last two days and CDWN hanging in there. I see no selling pressure now, and the technical analysis is very good on the stock right now, with the 4 day MA over the 16 day MA by a large margin. Good luck; I think you will be glad you held on to this stock with a fair value of $15-20 right now.

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