Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (26298)	3/13/2007 1:37:49 PM
From: gcrispin	Read Replies (1) \| Respond to of 78625

I placed mine at 15.03. Not sure if it will be a long term hold or just a trade. I like the the timing with Cramer's apology yesterday for recommending the stock.

To: JakeStraw who wrote (26298)	3/13/2007 1:55:39 PM
From: Madharry	Read Replies (2) \| Respond to of 78625

I read the article with interest as I own Aruze which has a big stake in WYNN. Unfortunately there is little to hang my hat on in the article. To argue that its undervalued based on cash flow projections in 2009 when the casinos have not opened yet seems questionable to me. I realize that they have to use some kind of numbers to come up with cash flow projections in order to do the ipo and get project financing but at these valuations I would rather real numbers from an operating fully built casino. According to yahoo mpel has a market cap of $6Billion, while the market cap for Wynn is $9billion. But Wynn has operating casinos and a history of innovation and great success in the casino business. So I dont know why anyone would prefer to purchase MPEL over WYNN.