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Casino Meltdown
posted by Penny a Day on 1 months ago
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What is also of importance is to what degree will revenue bumps last. If you have one
liquor store, and open another, your revenues may double. But you'll have to open 2 the
next year, and 4 the following, and 8 the next...just to maintain the very growth rate
that justifies your outlandish PE. There doesn't appear to be any margin of error in
either LVS or WYNN; they are priced to perfection.

Long term it's shooting fish in a barrell. Take your pick. But the commies are always a
little risky. Singapore doesn't quite have the ambiance Macau does but they're like this
beacon in the area. What they do sends ripples up Malaysia, Thialand and Vietnam. But make
no mistake: The domino effect of the 21st century is the Casino scene. They'll be more
than enough money to go around.

Penny, I to have been buying MPEL on dips. Hopefully, once the Crown open's we will start
seeing some green. ALLof the American casino's that are in China reported great profits
from their(Sands revenues up 74 percent). Also, the Asians in America are flying to China
(Round Trip from the east coast is 1335)instead of going to Las Vegas where earnings are
down. Question ? Do you know if Lawrence Ho is Stanley Ho's son ? The reason I ask is that
Stanley Ho(Multi Billionare) has a ton of casino's in China and I am sure he would like to
see his son suceed. Best of Luck !

1) I don't think Wall Street expected quarterly losses from LVS
2) I don't think Wall Street considered the reality that a lot of private investors may
eye the area for building a casino.
3) Profit Taking

1) I don't think Wall Street expected quarterly losses from LVS
2) I don't think Wall Street considered the reality that a lot of private investors may
eye the area for building a casino.
3) Profit Taking

If you're interested, I'll give some first hand knowledge on Harrahs...I'm headed to New
Orleans and plan to spend at least one night there...can give a firsthand view of how it
looks like its being run and if its busy...

The U.S raid on offshore gambling may be having an effect. Neteller was shut down as a
facilitator to gambling sites and Pinnacle Sports, probably the best place to bet on the
net, stopped taking U.S action. There may be an off shore hangover due to this.

Are the drops in casino stocks just profit taking or is there something else I am missing?
I own MPEL. I keep picking some up with each dip, but the dips keep coming. The casino
in Macao is supposed to open next month. I figured this stock would start ramping up in
the weeks ahead of the opening. Am I just early to the party or am I at the wrong venue?
I know many had stops at 18. Hoping the sellers are almost gone.

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