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To: Bill Harmond who wrote (102704)5/3/2000 11:26:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>They didn't like the EBIDTA
What's EBIDTA?...I'm not familiar with the term.;-)
Btw
Did you hear Steve Wynn bought the Desert Inn for $275 mil in cash?...did you help him with that?



To: Bill Harmond who wrote (102704)5/4/2000 12:20:00 AM
From: Gary Walker  Read Replies (1) | Respond to of 164684
 
Just curious: why are you fighting the Fed, and the tape?

The markets did swell for months following the change in Fed direction, but that's not unusual. Eventually, the Fed with throttle the equity markets if history teaches.

Why is this period any different than the early 80's or 90's? Do you think the tax deferred inflows so strong that they'll overcome the Fed moves?