  The magnetic field dependence of the resistance of
(BEDT-TTF)$_2$MHg(SCN)$_4$[M=K,Rb,Tl] in the density-wave phase is explained in
terms of a simple model involving magnetic breakdown and a reconstructed Fermi
surface. The theory is compared to measurements in pulsed magnetic fields up to
51 T. The value implied for the scattering time is consistent with independent
determinations. The energy gap associated with the density-wave phase is
deduced from the magnetic breakdown field. Our results have important
implications for the phase diagram.
