Anyone own Harrahs stocks?

[Grant]

I have been watching Harrah's stocks and it looks like a good time to get in. With Biloxi reopening soon, New Orleans running smooth again, and their huge presence on the LV strip.

Anyone own, got any feedback?

[GREGRIO]

I bought 200 shares of RIO for $1400. many years ago...
Marnell sold to McHarrahs and my stock went way up!
I sold my 200 shares because I don't like Harrah's attitude
towards US, the average gambler...got almost $7000. for the
shares. Took that money and got 200 shares of WYNN. Sold
that (little proffit) and bought STATIONS...now this is a good
Local stock!

Stations is a good, long range, fun, investment. They have
lots of local properties, locals don't play the BIG BOYS and they're
not going to stop gambling any time soon, Stations has RED ROCK
and a good part of GVR, all their Stations properties and are planning more.

Same price as Harrahs, Wynn aprox....they all go up and down, PLUSS
they pay a dividend which none of the others do...THATS IMPORTANT.
Boyd is the other local property... real good also...I just like Stations.

I wouldn't buy Harrahs or Wynn...too expensive. Local properties is
where it's at if you want some Vegas stock and plan to keep it for a
while. If your idea is to buy/make some money/and sell....get some
CD's in various maturing times...6mo, 9mo, 12mo. The interest rates
are good and gaming stock is just for fun (really) Taylor will thank you
someday for the CD investment!

Grant...go to which ever site you watch stocks and track some.
I use www.edwardjones.com (you don't have to be with them, I am)

Scroll down to TODAY IN THE MARKET and 'click' either DJIA or NASDAQ
it doesn't matter when you're looking...they all come up.
Enter the code for the stock you want....

Harrahs is HET 72.65
Wynn is WYNN 70.41
Stations is STN 69.55
I look at TODAY'S HIGH to get an idea of what my stuff is doing.

[Grant]

THanks for info Greg.

I am not the biggest fan of Harrahs, but they are a powerhouse. Still not sure how much I want to invest in them. They seem like a long term hold as the continue to expand on the strip.

I will take a look at Stations too. With your Edward Jones account, do you do online trades or do you call an advisor/broker?

I have been reading a few stock forums and many people seem to be using http://www.Scottrade.com it is pretty much online only but they seem to have reasonable rates and an easy to use interface.

[GREGRIO]

Reasonable rates and easy to use interface is great Grant if
you know what you're doing/what you want to buy-sell.
As Bob Dancer says....it takes a lot of practice! lol

I have a great advisor/broker at Ed Jones.
They advertise a more friendly service......and they do.
Bill comes to my house if I can't make it to his office. Lots of good info,
low commission fees on buy/sell, and they set up great programs for
what ever your needs are. I don't have the time or experience to look at
and compare all the options for the variety a good portfolio should have, Bill does the homework, we talk about it, and I decide.

There's nothing wrong with Harrahs, they'll be around a long time, they're
expensive, don't pay a dividend, and I didn't want to invest $8,000. with
them. I think you should buy shares in even lots...100,200,etc. and I just
don't want to invest that much in McHarrahs.