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Re: general:PRMA buyout?



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At 04:54 PM 4/4/98 EST, GJB21 wrote:
>dear realtraders,
>
>Does anyone out there follow the stock PRMA? 
>(Primmadonna Resorts Inc.)
>if so how does it look for a buyout?
>call option volume was 936 on Thursday
>866 calls to 70 puts average volume is usually 195 contracts
>I think Kirk Kerkorian's MGM (he's been very quiet lately) may be a possible 
>suitor because he (MGM) is already 50% partners with PRMA in the very 
>sucessful New York-New York Hotel and Casino in Las Vegas. Also 3 weeks ago
>MGM's Executive Vice President was named President & COO of the NY-NY Hotel.
>
>Any other opinions?
>
>Thanks,
>GJB21@xxxxxxx
>
> 
>  
>

This sounds very credible.  I would actually bet more on
Hilton being the suitor.

PeteNa
petena9090@xxxxxxxxxxxxxx