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Technology Stocks : Midway Games - MWY

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To: Rich23241 who wrote (12)12/2/1997 11:37:00 AM
From: Lei Zhu  Read Replies (1) of 278
 
Hi, Rob and Rich23241,

WMS actually owns 86% of MWY (33.4/38.5), the spinoff will give you
1.162 shares of MWY for each share of WMS. At the current price
1.162*20.1875 = 23.45875, which is even greater than the current
price of WMS which is at 23.1875.

You get one free share of WMS and bought 1.162 shares of MWY at
current price.

BTW, I got this idea from the Special Situation Report news letter.
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