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

To: Tradegod who wrote (361)	6/30/1998 8:48:00 PM
From: clarence wills	Read Replies (2) \| Respond to of 380

This deal is certainly complex. It appears that Hilton will buy only the Mississippi operations. The Gnd stockholders will get a share/share trade, stock in the new Hilton Gaming company. Gnd holders will also be left with shares in a much smaller GND. No one seems to like this deal if the price of both stocks is any indications. However, there is considerable time before closure . Perhaps a mircle will occur. There are some on the Yahoo message board who think the price for GND will be at 25 before the end of the year. I find it hard to believe the Lyle Berman would sell his stockholder down the river. Hopefully, full understanding og the value of the deal is temporarily escaping us.