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Non-Tech : Grand Casinos-GND -- Ignore unavailable to you. Want to Upgrade?


To: Jonathan P. Myers who wrote (262)1/4/1998 1:00:00 PM
From: Gary S. Friedman  Read Replies (1) | Respond to of 380
 
Thanks Jonathan...Do you have any idea who accounts for 40% of the total revenue in the state of Mississippi??? I am still looking for a bigger number for the Q4 from GND than the .25 number from "first call". I think this is a low ball number so GND can beat the number and Lyle will be the darling of wall street once again. Revenues for the year should increase from $490 million last year to over $600 million for 1997. GND has $1.28 in earnings for 3 quarters and could easily top $ 1.60 for the year..We will all know the week of feb 18. Do not know if they will report before options expire on friday feb 20..Also, let us not forget the takeover rumors. Jason Ader from Bear Stearns and Jim Murren from Deutsche Greenfell has GND high on their list of takeover candidates in this industry..