SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Mirage Resorts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas G. Morton Jr. who wrote (3)1/23/1997 7:02:00 PM
From: Mark Crisan   of 15
 
Mirage and Grand aren't even in the same league. Grand would hardly qualify as a serious "competitor" to MIR. GND is an over-hyped and under-performing outfit which sunk a lot of $ into a real turkey: The Statosphere. MIR, by contrast, is arguably the world's premiere gaming company with extremely desirable properties in all markets in which it has a presence.

GND has little to offer MIR, because MIR can do it bigger and better on their own. A more likely suitor for GND would be Primadonna or Promus. Patience will reward investors in MIR. There are three ambitious projects coming on line by 2001 (Bellagio, Beau Rivage, and the Mirage Atlantic City). These will increase revenues and profits dramatically. You are getting 30% growth going forward at 22x current earnings. Not a bad wager.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News