NEW YORK MGM Mirage s share price may be reaching an upper limit, according to financial weekly Barron s, which noted analysts were questioning whether the gaming industry can sustain its strong growth rate.
Shares of MGM Mirage closed Friday at a new high of $36-15/16. That is more than 20 times the $1.80 per share that analysts expect the company to earn in 2001, according to First Call/Thomson Financial data. (9/25/00)
SOURCE: The New York Times