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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 (65)8/28/1997 9:32:00 AM
From: Steven Angelil   of 158
 
This stock reminds me of the Stratosphere. I bought into that one at $13 bucks and rode it down to 7. It ended up going under. It was a hype story that I bought into because how can a new awesome tower casino NOT make a mint in Vegas? Well, I got burned and now am very wary of this type of story stock. Not to say that I may not venture into the waters again. I looked over their latest SEC filings and it looks OK. Any opinions on why this stock is so cheap?

Thanks

Steve
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