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Vail Resorts Inc. Message Board

  • Expose_98 Expose_98 Jul 24, 1998 5:27 PM Flag

    VACATION OWNERSHIP?????

    is vail resorts going to do a joint venture with sunterra corporation (nyse:own)to develop vacation ownership at the village at breckenridge.

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    • luxury stocks go first in a bear market!

      • 1 Reply to cboeman
      • The Asia recession has to hurt MTN. This stock
        has fallen sharply the last two weeks and the shorts
        have increased. The total had been down to about
        850,000 shares from nearly 1.1 million, but has increased
        back up to nearly 1.0 million. Someone knows
        something. IMO, the slight increases the last two days
        reflect shorts covering positions. I just don't see the
        upside for MTN. It has too many irons in the same
        fire.

        John

    • The Village at Breckenridge consists of 5
      builings of privately owned condos. Vail is only buying
      the property management and rental management of
      these condos, plus some commercial property on the
      first floors such as stores, restaurants, etc. They are
      also buying a small hotel on the property with
      sleeping rooms. I can't see how there could be any
      vacation ownership involved. Most of the condo owners will
      change management companies before closing or shortly
      after due to Vail's poor track record of property
      management, so they will not be left with much. They also
      bouth the Hilton Hotel in Breckenridge, just up the
      hill from the Village.

    • Board,

      I am new to this board. I just
      bought several Sept Calls at a strike of 35. Am I
      screwed or do I have a chance? I'd like to own this
      stock. Another "snow" stock has soared in recent days.
      KTO has gone from around 15 to 21+ in the last five
      days. Does this bode well for other snow
      stocks?

      b-town-joe

 
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