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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)

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To: Bruce Prescott who wrote (3777)2/7/2001 11:30:15 AM
From: David Patrick O'Connor  Read Replies (2) of 4081
 
Patrick Maio of the Dow Jones Newswires wrote from L.A. yesterday at 3:00 p.m. that Michael Pachter, research director for Wedbush Morgan Securities, figures game software companies Electronic Arts, Activision, THQ Inc. and 3DO Co. will be the big winners of the war among video game console manufacturers like Microsoft and Sony.
He estimates that the entertainment game industry will grow on a 25% annual compounded growth rate over the next five years. He recommends buying any one of the aforementioned companies and they will grow 25%.

David P. O'Connor
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