Re: Very Important... (417 Views)
Posted by:
Michael D. (IP Logged)
Date: February 26, 2005 04:38PM
silver,
i look at palm meadows, i look the the horses stronach breeds, i look at the new tracks at GP and lrl, and most of all, i look at the quality of racing now at GP, and i come to the conclusion that the guy understands horse racing. looking at a five year horizon, if i had invest in the track operator side of the business, i would go with magna. now am i saying that racing will be a lucritave business going forward? no, i am not. i really don't know. i do think, however, that stronach will do as well as anyone. i think things will start to turn around next winter, and within two or three years, magna will be doing as well as anybody in the business.