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Technology Stocks : Midway Games - MWY

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To: Michael Burry who wrote (44)5/21/1998 11:24:00 AM
From: LEO RISHTY   of 278
 
Mike

I was able to pickup another few shares between 12 3/8 and 12 3/4. By the way this is their 2nd slowest quarter of the year. The first 6 months are their best of the year because they include Christmas sales. I believe that MIDWAY can easily earn $1.50 next year. If the stock sells at a conservative multiple of 20, MIDWAY will trade at at least $30.00. Not bad for a stock that can be bought at 13 3/8 current.

Leo
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