INVESTMENT FIRMS HAVE 7.7 PCT OF MIDWAY <MDWY.O>
Two affiliated investment firms told
the Securities and Exchange Commission they have acquired
593,000 shares of Midway Airlines Inc, or 7.7 pct of the total
outstanding common stock.
    The firms, Boston-based FMR Corp and Fidelity International
Ltd, a Bermuda-based investment advisory firm, said they bought
the stake "to acquire an equity interest in the company in
pursuit of specified investment objectives...."
    The firms said they may increase or decrease their stake in
the company, but have no plans to seek control of the company
or representation on its board.
 Reuter
