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

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To: Jim Fisher who wrote (13)	12/12/1996 5:56:00 PM
From: 8bits	of 19

Jim, sorry for the late response, I've been very busy. In regards to your first question, I did buy Midway at 22 1/2 just before Thanksgiving and I'm pleased to see it's holding up pretty well in this market. I don't really know technical analysis I just looked at the limited number of shares which could available (5 million, if demand increases dramatically for the stock it will rise rapidly, Williams holds all but 5 millions shares and must hold them until at least March 31stbecause of restrictions) and Midway's lineup for this season and it looked good. FYI according to the NY Times 3 days ago Mortal Combat is the number 2 selling game on all 32bit platforms(Sony Playstation). Mortal and Ms. PacM are the number 1 and 2 selling games respectively on 16 bit platforms and Mortal is number 3 on 64 bit platforms. I don't think this survey even included Cruisin' USA. Looks like a good call on your part. It may be a sleeper until the earnings come out for this quarter which I think will be early February. No options unfortunately. The rise to 25 I believe was caused by a broker's recommendation. Nick

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