Multimedia Games Inc. (MGAM) Message Board

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Non-Tech : Multimedia Games Inc. (MGAM)

MGAM 0.123

0.0%

Nov 4 3:38 PM EST

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To: KB who wrote (155)	10/15/1997 4:34:00 PM
From: Michael Klein	of 197

I am still quite interested in this company. I have been a shareholder since the IPO 4+ years ago. I don't have any brokers telling me the reason for increase interest at this time. I do know they are installing more of their play stations in large bingo halls and the stations are widely accepted by the players. My guess for the runup is 3rd quarter earnings are due in the next few weeks and someone believes they are going to be great. I also think more market makers have come on board. I have noticed trades at the ask price which would indicate retail buyers (as opposed to brokerages buying at the bid). Given the volume of the last 3 days, the stock should have support above 15. Early this summer, I was told one firm in New York expected 19 - 20 by year end. That is my take on the situation...

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