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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?

To: Paul Lee who wrote (2059)	5/15/1999 7:47:00 AM
From: Paul Lee	Read Replies (1) \| Respond to of 2346

Harrah's Entertaiment (HET-NYSE) by Seidler (24 9/16, May 4) Strong Buy. We believe the balance of 1999 and 2000 should continue to reflect the contributions and cost savings achievable with the Showboat and Rio acquisitions . . . and improving environments in Las Vegas, Lake Tahoe and most of the riverboat markets. In addition, with the pending sale of Harrah's interest in Star City and accelerating free cash flow, the company should be in a position to pay down a meaningful percentage of its debt in each of the next few years.