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


To: clarence wills who wrote (368)7/16/1998 6:22:00 PM
From: Jonathan P. Myers  Read Replies (1) | Respond to of 380
 
Why is GND so low?? Although HLT should have paid more, does the deal justify GND trading at 14 3/16, when book value is somewhere around $13??? The combined company will be the largest gaming entity in the world. GND's earnings in Mississippi are excellent, and according to Arthur Goldberg, HLTs casino earnings are up 15% this year! What the hell is the market thinking???? Looks like a buying opportunity to me!