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Technology Stocks : Midway Games - MWY -- Ignore unavailable to you. Want to Upgrade?


To: Rich23241 who wrote (12)11/28/1997 12:05:00 PM
From: Rob S.  Respond to of 278
 
Thanks! I didn't know that. I will look into it.



To: Rich23241 who wrote (12)12/2/1997 11:37:00 AM
From: Lei Zhu  Read Replies (1) | Respond to of 278
 
Hi, Rob and Rich23241,

WMS actually owns 86% of MWY (33.4/38.5), the spinoff will give you
1.162 shares of MWY for each share of WMS. At the current price
1.162*20.1875 = 23.45875, which is even greater than the current
price of WMS which is at 23.1875.

You get one free share of WMS and bought 1.162 shares of MWY at
current price.

BTW, I got this idea from the Special Situation Report news letter.



To: Rich23241 who wrote (12)1/19/1998 8:59:00 PM
From: Rich23241  Read Replies (1) | Respond to of 278
 
Invest with the Masters said this is still a good buy. WMS Technology will spin this stock off in a few months and they still feel this stock and WMS will do well. Be patient.