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SPIN

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SPIN

Re: Snackman post# 35892

Wednesday, 03/31/2004 10:31:28 PM

Wednesday, March 31, 2004 10:31:28 PM

Post# of 249131
Snack, it feels *great* not owning wavx.

btw, as to yer earlier remark about Wave being better off than Trump Casinos b/c Wave has no debt -- while DJT carries a burdensome bond debtload, at least that company has tangible assets & cash flow.

Wave is barely above "shell" status IMO.

maybe Spragues always knew to stay away from taking any debt b/c then they could keep the printing presses well oiled & running efficiently?

btw2, i no longer think Wave has any chance for any of the success that was once hyped... maybe they survive, but IMO you will NEVER see the wealth you have dreamed of year after year after year after year...

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