Re: Very Important... (354 Views)
Posted by:
Michael D. (IP Logged)
Date: February 24, 2005 05:49PM
tony,
the numbers you are seeing from magna are 2004 results. the 2004 performance had nothing to do with the recent scandals. magna has expanded it's operation in a big way, and has some serious bills to pay. they have proceeded as though they will have slots at most of their tracks. until they get this revenue, they will have cash flow problems.