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Technology Stocks : Midway Games - MWY
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To: Michael Burry who wrote (150)1/15/1999 8:03:00 AM
From: NeverRight  Read Replies (2) of 278
 
You've got a good point there. If Redstone and the insiders get enough shares they can take the company private by offering didley for the remaining shares. If they have a controlling interest the rest of us are out of luck. A couple of years down the road the do an IPO and cash out with the shares we should have had.
The only ones who make out on the class action suits are the lawyers. Great business for them.
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