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Re: jra2 post# 519873

Monday, 12/18/2006 7:30:01 AM

Monday, December 18, 2006 7:30:01 AM

Post# of 704047
HET somewhat muted so far @ $83 on 3k vol and pulling back to $82.....JEFF just upped MGM which is trading at $55's valuation sum of parts to $71

MGM Mirage-MGM land valuations grow, target raised-Buy@JEFF
Jefferies believes the volume and land value of the Las Vegas strip is strong and that additional synergies from the Mandalay acquisition should occur. Target raised to $71 from $54.



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