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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (5854)2/1/1999 9:53:00 PM
From: Paul Senior  Read Replies (2) of 78481
 
Hi Mike: Added to my MWY position. Looks like it's going to be a tough fiscal '99 for these guys, as they expect lower 2nd half rev. and earnings. Nice article though in .theStreet.com about Midway: Essentially it's a tussle between Wall Street, where no one is recommending it - versus the insiders who are heavy buyers. Article suggests that MWY is also undervalued when compared it its peers. (But IMO, this - peer comparison/evaluation - is a dangerous way to value a stock.) Regards, Paul.

ps: I see you have posted the Feb. stock-of-the-month on your website.
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