Midway Games - MWY | Stock Discussion Forums

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Technology Stocks
Midway Games - MWY

An SI Board Since August 1997

Posts	SubjectMarks	Bans	Symbol
278	9	0	MWY

Emcee: Rob S.	Type: Unmoderated

Introduction Market Data Compact

Midway Games has recently recovered in price on news that sales have jumped 117% over last year and earnings have advanced to .29, beating street estimates by 14%. This growth comes on the strength of 4 major multi-platfrom hits. The company says that it has 16 new multi-platform titles due out over the next few months and a few arcade game consoles due out this (Sept.) quarter.

With a current P/E of only 18.5 on trailing earnings, earnings forecast to grow at about a 30% rate compunded by the fact that they have soundly exceeded analysts estimates for the second quarter in a row, this stock, IMO, is due to rise substantially in the strong Christmas consumer buying season and throughout next year. I am looking for a double during the next 6 to 12 months.

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Reply	Message Preview	From	Recs	Posted
278	Not surprisingly, Midway has filed for Chapter 11 protection: <b>'Mor	Glenn Petersen	-	2/13/2009
277	Redstone appears to be selling his 87% interest in Midway for $100,000 and booki	Glenn Petersen	-	12/1/2008
276	<b>Midway resets for 2008 Stumbling Chicago-based video game developer pl	Glenn Petersen	-	12/25/2007
275	Redstone still owns 88% of Midway. November 27, 2006 <b>Play Again, Mr.	Glenn Petersen	-	11/27/2006
274	Its been a whole year and no one has posted so I will do the honor. I'm stil	leisuresports	-	12/26/2003
273	I'm in today at just under 4. Redstone has been accumulating a lot this mont	leisuresports	-	12/26/2002
272	redstone/viacom should speak speak about the compamy operations...they have the	mar8tin	-	7/23/2002
271	analyis say sell.... they are playing into s. redstone who should BUY BUY BUY to	mar8tin	-	7/5/2002
270	no, but glad this bow wow is barking again! ;-) still waiting for a roar, thoug	Skeeter Bug	-	6/8/2001
269	Bug, Do you know who makes The Sims Living large? TIA InSook Prasad	Bipin Prasad	-	6/8/2001
268	paul, we can only hope! ;-) thanks.	Skeeter Bug	-	6/5/2001
267	fwiw, bullish article from Business Week columnist: businessweek.com	Paul Senior	-	6/5/2001
266	paul, we're moving up a bit, huh?	Skeeter Bug	-	4/25/2001
265	still here, still holding, still hoping. eom.	Paul Senior	-	4/23/2001
264	Anyone??? Nice movement in MWY recently. I look for double digits very soon.	bigmwyfan	-	11/8/2000
263	MWY is just the kind of company that could be acquired by one of the new entran	Professor Dotcomm	-	3/7/2000
262	Same idea from Nikkei to games. I keep an eye on MWY and ATVI. The other cate	borb	-	3/7/2000
261	Hi. Nice to hear from you here. Yes, still long Japanese - there will be dips o	Professor Dotcomm	-	3/6/2000
260	Games industry is warming up. Check ERTS, THDO. I start to check on MWY now.	borb	-	3/6/2000
259	Probably a case of sellers waiting until the Christmas quarter had been announc	Professor Dotcomm	-	1/24/2000
258	i find this downgrade strange. i read the annual report and mwy has more and b	Skeeter Bug	-	1/21/2000
257	Would appreciate your comments on MWY's earnings and the market reaction to	Professor Dotcomm	-	1/21/2000
256	I've started a new thread where we can talk about the interactive entertain	vc21	-	12/19/1999
255	No, Todd, GTIS is incidental but, nevertheless, it's good for the industry.	Professor Dotcomm	-	11/15/1999
254	Infogrames just announced a 70% controlling stake in GTIS. I would assume that	Todd D. Wiener	-	11/15/1999

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