Midway Games - MWY Message Board

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Technology Stocks : Midway Games - MWY

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To: Qualopec who wrote (22)	12/24/1997 4:57:00 PM
From: Bleeker	Read Replies (1) of 278

I only asked about Mortal Kombat 4 because it's Midway's most recent release this quarter and expectations for the game are high. I don't have additional information about their other games for the Nintendo platform. It's difficult to tell if the current price has discounted the weaker than expected sales this quarter. I don't think the Mortal Kombat news is really out there yet. The stock may be sliding in sympathy with the broader market and the downgrades. A bad earnings number could send it below its 52-week low. As I watch the volume on Midway I see no signs of institutional buying. The buyside seems to be in no hurry to accumulate mwy at this point. cheers, Bleeker

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