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

To: Michael Burry who wrote (40)	5/21/1998 10:31:00 AM
From: Steven Johnson	Read Replies (1) \| Respond to of 278

price is bid 12 and ask 121/8 on scwab's online service;600000 volume Steve

To: Michael Burry who wrote (40)	5/21/1998 10:37:00 AM
From: LEO RISHTY	Read Replies (1) \| Respond to of 278

Mike I don't know of any insider selling. most likely a rumor. The company put out a estimate of earnings and the street did not like them. There is a substantial bright spot that the company will introduce a large number of new products for 1999 fiscal. By the way if you access to their 9 month report, take a look at how much was spent for new product development. The stock is now selling at 11 times this years earnings and 8 time next year. I think that MIDWAY in now an exceptional STRONG BUY. Leo