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Las Vegas Sands Corp. Message Board

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  • cantdance123 cantdance123 Apr 25, 2012 6:24 PM Flag

    LVS CEO on FastMoney...

    After having to wait until around 5:50 PM EST, what we ended up getting was Jane Wells in LV telling us what Adelson told her. So much for the talk with the Prez. CNBC kept telling us there's a talk with LVS coming up and then the big let down. Jane after pumping it quite a bit did give us a few things I hadn't heard. Like it's their intention to spend 8 or 9 million on a mini Las Vegas in Spain - not 35 billion. Plus, they'll cover it in increments of profits by the quarters. If the money isn't there, they'll either slow it down or stop it till things get better. One important part of her pump was the fact that even if you're going by the lower GAAP figure of 61 cents, it was still one hell of a quarter for them. So, now we have to wait till Thursday to see if this selloff was just an apparition or was it the real thing and we may be in for a long, hot summer (longs that is).

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