Kai, I agree that sales are quite good at the moment, and that our quarter may be better than expected. But ff7 is probably right at expected sales, DD a hair below, and Commandos much better than expected. Still, there will be big royalty expenses (game R&D), which will certainly hold us back. GTIS had 2 or 3 big games in the top 10 a good deal of the quarter. And all they could squeeze was 3 cents a share. The reason was mostly royalty expense, as well as high marketing costs. I think we will see the same thing.
BTW, E3 was certainly a huge expense. Would guess that shows up as a selling expense this quarter?
I am also curious as to where I can get my hands on annual report...
Regarding Opticom, I don't how it will be accounted for, but US GAAP would value a 15% equity stake by the fair value method, and since it is clearly not a short term investment, it would be considered available-for-sale (as opposed to a trading security). As such, the unrealized gains would be recognized as a separate component of stockholders equity. So it would be recorded on Bal sheet, not Income statement, as income wouldn't be realized until sold (or dividend declared by opticom).
Jeff |
