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$1.40 -0.06 (-4.11%)
10/10/2008 4:01 PM

Midway Games, Inc. (MWY)

CAPS Rating:
*

The Company develops and publishes interactive entertainment software for the global video game market.

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Avatar videogamestocks (83.24) Submitted: 6/25/08 5:04 PM : Underperform Start Price: $2.06 MWY Score: -9.54

Remember July 28th, thats when this company will admit lame earnings after the release of Unreal Tournament 3 on the 360. After they have revealed their shame fully and their stock suffers, I will probably change this to a pick. I did make some CAPS on this one as a pick, but took a good look at unreal tournament and what info is out for This Is Vegas. Neither looks worthy of time. A release date has been set for Mortal Kombat vs DC Universe, which should be released close to Christmas this year, around the same time I'd expect The Hulk and Iron Man to hit DVDs, it should be a nice christmas for super heroes. I'll be happy to play Midway some more around that time, but I'll make it easy and give them the red thumb until July 28th.

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Avatar videogamestocks (83.24) Submitted: 10/06/08 4:26 PM

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Midway is proving more resiliant than I expected... in fact it seems to do the opposite of what I think it will. Therefore I will flip my opinion alltogether and justify it by saying that in a recession, gamers will want to fight mortal kombat characters as Superman and Batman, and MDY will do better than expected... rather than saying that logic would dictate that midway continue to fall for another month while global selloff is taking place, therefore midway will do the opposite of logic. Plus, the recession makes This Is Vegas an addition to an appealing genre during recession... crime and gambling, rather than late competition with the superior product of GTA4.

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