Midway Games: Hot Coin-op coming Home Message Board

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Technology Stocks : Midway Games: Hot Coin-op coming Home

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To: Jim Fisher who wrote (6)	11/26/1996 10:50:00 PM
From: 8bits	of 19

In a tough quarter for many game companies these are rather impressive earnings figures and they don't have any debt. Even more impressive is they have 2 games for the N64 and no other 3rd party developer does. My guess is they'll earn at least $.35 maybe more. I'm suprised no other game developers have anything ready for the new Nintendo Console for this Christmas, another very good sign for Midway, astute management. I've already seen Mortal and the Hockey for the Nintendo 64 at Toy-R-Us and Blockbuster video for rental. The sales clerks I spoke with said the titles were doing rather well. Financial elements. Effectively this company has a small float, 5 million shares available to the public and Williams itself doesn't look like it has any problems, very little debt, good cash flow.(Williams the parent company holds the balance and would be restricted from any sales for 180 days after the IPO plus they would have to file in advance with the SEC). A positive earnings report for the quarter ending in December could move this stock easily to 30. As always anyone reading this do you own research Check filings with SEC edgar site also stocksmart.com among others.**

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