Downstream at Mount Vernon , the Skagit River was expected to crest at 36 feet -- 8 feet above flood stage -- tonight , Burke said .
The Skagit was expected to crest during the night at 38 feet at Mount Vernon , 10 feet above flood stage , the National Weather Service said .
" We believe that recent trading prices of MGM 's common stock do not reflect MGM 's full value and that the stock represents an attractive investment , " Kerkorian said in a statement .