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


To: puborectalis who wrote (94)10/22/1998 9:57:00 PM
From: LEO RISHTY  Read Replies (2) | Respond to of 278
 
If anyone is interested?????? Redstone purchased 403,000 shares in the past 4 days and my understanding is that he purchased an additional 100,000 shares today 10/22/98. I guess he really likes it along with the insiders who are looking at the total year. Their expectations are that the second half of the year will be better than the first half. If they come in with .26 + .30 =.56 for the first half. The 2nd half could come in at .70. .56 + .70 = 1.26 for the year, not bad for a $11 stock.



To: puborectalis who wrote (94)10/23/1998 1:20:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 278
 
I considered Midway's strong coin-op franchise the foundation of their whole business, but this is the third quarter of lower coin-op revenue. I can't think of that as good. Anyone have an explantion for this year, including next quarter's announced shortfall?

mb