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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: cubsfan who wrote (3678)	6/27/2008 10:59:48 AM
From: RockyBalboa	Respond to of 6370

Yes my yardstick for IGT measured $24, give or take. It came within a few cents of this. Nice weekend too. Here is some trivia on GM:.... Message 24711298

To: cubsfan who wrote (3678)	6/27/2008 3:58:28 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

I covered some stuff today, as a liquidity driven bounce could occur anytime now. Either a rate cut or some large liquidity injection to halt the crash of stocks. IGT is down more than $11 since I sold it at the beginning of June, that had a high beta. CCL fell much less than IGT. Unfortunately I overlooked RCL which could have offered more clout. But I had place short bets someplace, other than banks or retailers, but with a trigger.

To: cubsfan who wrote (3678)	7/3/2008 3:18:59 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

IGT earnings due July 17. AP IGT shares fall amid broad Las Vegas worries Friday June 27, 10:12 am ET Shares in IGT open down sharply amid broad fears of a slowdown in Las Vegas NEW YORK (AP) -- Shares in casino gaming company International Game Technology opened sharply lower Friday amid broad concerns about the health of the gambling market on the Las Vegas Strip. IGT shares fell 6.9 percent to $25.44 at the open. The stock fell as low as $24.76, its lowest point since May 2003. A Key Banc Capital Markets analyst trimmed his estimates on three casino operators Friday, saying customers are cutting back on gambling in Las Vegas due to high fuel prices and economic concerns. That followed an analyst for JPMorgan downgrading MGM shares to "Neutral" from "Overweight" Thursday and lowering estimates for companies operating casinos on the Las Vegas Strip.

To: cubsfan who wrote (3678)	7/5/2008 9:06:39 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

Message 24566303

To: cubsfan who wrote (3678)	7/10/2008 4:49:17 PM
From: RockyBalboa	Respond to of 6370

VEGAS FLEECES FEWER GAMBLERS OUT OF LESS Croupiers and blackjack dealers have apparently become as lonely as the Maytag repair guy. New data showed that gambling revenue took the worst hit it has in any month in nearly six years. And casino operators - already beleagured - are taking a hit, as well. Shares of MGM Mirage (MGM) slid 16%, dropping to a four-year low. Wynn Resorts (WYNN) fell 9%, and dropped to $70-a-share for the first time in two years. Las Vegas Sands (LVS) lost 11%, trading below $35 a share for the first time in three years. The declines came after new data showed that gambling revenues slipped 15%, with equal parts of damage from table games and slots. The deterioration proved even more pervasive on the Vegas Strip, where declines amounted to 16%. The cut-backs in airline capacity have exacerbated the general economic milaise, and left Vegas hotel operators increasingly dependent on non-gaming spending. That’s, though, where consumers have been most ticklish, declining to drop money in hotel restaurants and retail stores.