Melco Needs Macau Momentum

This article from TheStreet.com is an update of current Melco PBL's situation. 

Excerpt: Melco PBL's (MPEL) attempts to dominate the VIP segment of the booming Macau casino market have taken a positive turn.

Yet, for all the supposed good news, the stock is stuck in neutral, trading at levels seen six months ago. Once again, the word is "manana." I can't help but wonder: How long will long-term investors stick around?


Dec 12, 2007 5:32 PM

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