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6 pts

Opinion on  Midway Games Inc. (MWY)     Sector: Technology  >  Industry: Software & Programming
Midway gains

Jul 21, 2008 02:34 PM GMT
Return Risk
-88.35% LOW
Analyst

Product Review  

Total float is 10 million shares. Short position is 2.70 million. Sumner Redstone owns 86 million shares. Video games are hot and Midway is coming out with Batman video shortly. New CEO is anxious to look good when earnings are reported 7/21/08. I expect they will beat estimates handily. Three years ago MWY was $22.00 a share based on Redstone buying. He might make offer for shares he does not already own.

MWY:  This call was made on 07/21/08 @ $3.52
Rating:   Positive   $3.52 (07/21/08)
Gain/Loss:   -88.35% in 477 days
Target:   $6.00 (+70.45%) in Three months


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