Midway Games - MWY Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Midway Games - MWY

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jeffbas who wrote (155)	1/15/1999 11:49:00 PM
From: Trippi	Read Replies (1) of 278

One of my reasons for staying in this after Haines bailed was Redstone -- but now I'm concerned about it. He keeps accumulating shares with no effect on the price of the stock. If it is accurate that he now holds something like 30 - 35% of the company (I've seen a reference as high as 38%) he could aquire a majority stake in short order -- do we know exactly how much he owns? And if he can continue to pick up shares this cheap on the open market -- why would he ever be stupid enough to announce a bid for the company? That would just cost him a ton of money as the price ran up -- when he can pick them off now for free. OK OK maybe I'm being paranoid -- but that doesn't mean he's not out to get us.<g>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next