Two Way Hard Three | Las Vegas Casino & Design Blog
November 7, 2006
What's Up With Wynn?
Posted by detroit1051Excerpt from 11/7 Wall Street Journal:
"Meanwhile, a flurry of other merger and buyout activity also drove trading in the options market. The call options of luxury casino operator Wynn Resorts Ltd. traded heavily before its earnings results and in the wake of a $3.7 billion management-led buyout offer."
Conference Call announcement describes the call as "Limited." What does that mean?
http://biz.yahoo.com/cc/4/75124.html
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Recent Comments
- All Recent Comments on one page.
- Bert recently commented "Well at least Steve Wynn is honest, he said he is going through his toughes..." in What's Up With Wynn?
- Hunter recently commented "Wynn has their call today at 3pm PT I believe. I'm going to try to be in..." in What's Up With Wynn?
- Brian Fey recently commented "Is Wynn Resorts Limited. The comma is just in the wrong place. It should ..." in What's Up With Wynn?
- Brian Fey recently commented "Guys, don't scare me like that. I have no problem with Wynn buying anythin..." in What's Up With Wynn?
- detroit1051 recently commented "The Dow Jones writer, Chris Scinta, emailed me. This is what he wrote, but..." in What's Up With Wynn?
- detroit1051 recently commented "It sounds like the WSJ writer meant Four Seasons, not Wynn. I've emailed h..." in What's Up With Wynn?
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Comments
It sounds like the WSJ writer meant Four Seasons, not Wynn. I've emailed him. We'll probably see a correction soon.
The Dow Jones writer, Chris Scinta, emailed me. This is what he wrote, but the Journal omitted the reference to Four Seasons.
Not a story after all.
"The call options of luxury casino operator Wynn Resorts Ltd. traded heavily ahead of its earnings results and in the wake of a $3.7 billion management-led buyout offer for Four Seasons Hotels Inc. backed by Saudi Prince Alwaleed Bin Talal and Bill Gates' Cascade Investment LLC."
Guys, don't scare me like that. I have no problem with Wynn buying anything he wants. But my heart can't take another Wynn buyout.
Is Wynn Resorts Limited. The comma is just in the wrong place. It should read...
Wynn Resorts Limited, conference call. I'll be listening live!
Wynn has their call today at 3pm PT I believe.
I'm going to try to be in the chat room while I listen to the call so anyone interested, feel free to join!
Well at least Steve Wynn is honest, he said he is going through his toughest learning curve in 40 years! I am sure Sheldon Adelson has had his share of learing with Sands Macau, but then again he is a full 2-years ahead of the Steve Wynn learning curve.
And at the same time Sands Macau is firing!
http://macaudailyblog.com/macau-gaming/sands-macau-are-firing/
Cheers,
Bert