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Technology Stocks : Midway Games - MWY

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To: Rob S. who wrote (2)8/26/1997 12:13:00 PM
From: Rob S.   of 278
 
Some new earnings estimate revisions;

ESTIMATE REVISIONS:

MWY: UBS SECURITIES increased estimate for quarter ending
03/98 from $0.15 to $0.24 on 08/21/97
MWY: UBS SECURITIES increased estimate for quarter ending
06/98 from $0.32 to $0.40 on 08/21/97
MWY: UBS SECURITIES made new estimate for fiscal year ending
06/99 of $1.50 on 08/21/97

I guess these guys need to make a living so they move their numbers around quite a bit. The upward revisions should help the stock price. I think that Cidco will deliver more earnings surprises as we get into the Christmas buying season. The health of the game software market has revived and should propel upward further this Fall.
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