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What Wynn Has Been Wagering On


People: INVESTORS

WHAT WYNN HAS BEEN WAGERING ON

ACTIVISION: Invests $1.55 million for 1.43 million shares in series of private placements, 1993-94. In September, 1995, sells 431,940 shares for $8.2 million. Including options, holds 1 million shares worth $13.5 million.

CALIFORNIA PIZZA KITCHEN: Paid $250,000 for 1% stake in 1988. Current value estimated at $2 million.

DMX: Acquires 5.3 million shares for $12.7 million in 1994 and 1995. Present value: $11.3 million.

REPUBLIC PICTURES: Purchases 321,000 shares in 1992-93 for average of $9.23 a share. Blockbuster's Spelling Entertainment buys company within a year for $13 a share. Wynn's profit: $1,210,170.

DATA: COMPANY REPORTS, BUSINESS WEEK


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