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Technology Stocks : Midway Games - MWY

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To: Sye Walsh who wrote (104)10/30/1998 6:48:00 PM
From: Eric W. Richesin  Read Replies (2) of 278
 
This company is way undervalued. What I dont understand is the action of management. They seem to be holding the company back for some reason. Maybe to load up on shares. Each quarter they preannounce a shortfall to analysts estimates. And they do it really early (right after great earnings from previous quarter). I really like their zero debt and 60 mill in cash. Are they trying to get the stock low to buy more stake in the company and then sell it off? Seems to be the only explanation. PLEASE INVESTIGATE BATMAN!
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