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Non-Tech : Multimedia Games Inc. (MGAM)
MGAM 0.122-0.8%Nov 5 11:48 AM EST

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To: Michael Klein who wrote (74)2/20/1997 12:24:00 PM
From: Craig Stevenson   of 197
 
Michael,

That's pretty much my understanding of what is happening also. These are high-powered brokers who can literally move the market because of the number of shares they control. As you say, those of us that are in early should do fine.

Also in MGAM's favor is the fact that they are operating profitably in the current quarter. If they continue to add MegaMania stations throughout the year, we could see substantial revenue and earnings increases. I'm looking for a profit in the current quarter, which would reverse the loss from last quarter.

The 800,000 share day (so far) has certainly gotten some attention.

Craig
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