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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?

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To: Dan Turner who wrote (50)8/13/1996 8:07:00 AM
From: Don MacNeil   of 619
 
Hi Dan! Now I'M back from vacation!

First, an apology for suggesting a secondary LXPYF motive. Had I thought to consult your bio, (which I finally thought to do) that post would never have been necessary.

I'm grateful for your continuing flow of info on Lenox. Biggest frustration continues to be not being able to follow the price. Any news on that front?

Food for thought: my "vacation" was a quick in-and-out in Las Vegas. Never been there, but my wife goes at least once a year with the girls. Two investment opportunities jumped out at me as I looked around out there, one of which I've looked into, the latter I have not.

The first is Mirage Resorts. (MIR) Steve Wynn (CEO) and Mirage are taking over Vegas. The Mirage...The Golden Nugget...Treasure Island...The Monte Carlo (280 million) a month ago, and under construction now, the $1 billion "Bellagio", which will eclipse Caesar's as Las Vegas' biggest.

By the way, Vegas is reinventing itself. Much younger demos and LOTS of foreigners. Besides, when I buy these days, I look for a champion at the top...and Steve Wynn fits the profile.

Second investment idea is slot machines. International Game Technology (IGT) has a virtual monopoly on slot machines in Vegas. Looked like 90% plus penetration to me, and with the global/Las Vegas gambling boom now and ahead, these guys should be huge. Will look into it today.
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