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Microcap & Penny Stocks : MNTG... MTR Gaming.... Let's Go To The Races.... -- Ignore unavailable to you. Want to Upgrade?

To: Jay Mowery who wrote (292)	6/26/1998 5:25:00 PM
From: Robert L.Stone	Read Replies (1) \| Respond to of 645

Hi Guys, Bob C thanks for the report on the Las Vegas property.The most important thing is there is money going into the project no hype. The company isn't losing any time remodeling. I think new ventures are sort of a poison pill. When a company makes money it has to pay taxes.If a company loses money they do not pay a tax libility. The true value of the company is not $2.50 it's what another company is willing to pay.What we are seeing is the market makers shaking out the weak hands. Mountaineer race coarse is a prime property.Mntg gaming owns the operating gaming license.If another company wants it they are going to pay plenty for it. The stock will come back to life in the oct/nov 1998 period after two quarters with the new business units operating.The key to MNTG is profit.Keep in mine this company makes money. Bob C and Jay have a good weekend. Bob C thanks for the report. Bob S