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Non-Tech : Multimedia Games Inc. (MGAM)
MGAM 0.141+15.6%1:16 PM EST

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To: Jack A. Berg who wrote (37)1/20/1997 9:49:00 PM
From: Craig Stevenson   of 197
 
A new market maker showed up today. They are First Cambridge Securities out of New York. They are a retail firm, and have about 35 brokers. This is the second new market maker in the last week or so.

I'm no expert, but the technical indicators are all looking good. The MGAM web site has undergone a MAJOR overhaul since the last time I looked. (I think it was last week.) This is evidently part of the strategy of becoming more visible.

During my last conversation with Mike Howard (outgoing CFO), I asked him if the private placement would help with the visibility of MGAM. He emphatically stated that it would, and told me that several market makers were waiting to get involved, but they wouldn't until the deal was done. Well, we have two new ones in two weeks. It looks to me like management is telling the truth. That's a refreshing change. <g>
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