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Technology Stocks : Midway Games - MWY

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To: Machaon who wrote (73)8/19/1998 10:55:00 PM
From: Don Westermeyer  Read Replies (1) of 278
 
Bob, I know they pre-announced it. Some of those darn analysts insisted on raising that estimate. I was hoping for an upside surprise.

Even at $0.25, the stock is severely undervalued at $15 - considering it's expected growth rate and the strong financial position of the company (no debt, etc.).

I will be holding tomorrow regardless of the stock action. Technically the stock is right at its 50 DMA so it should be interesting.

There should be a report update from an analyst tomorrow. I'll see what that says.
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