SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : eidos--maker of Tomb Raider

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tae Spam Kim who wrote (1712)8/2/1999 3:43:00 PM
From: hl  Read Replies (2) of 1773
 
EIDSY is a really strange stock. I agree that shorting this one is indeed VEEEERY dangerous (I was thinking about a short position when they reached 35, but in the end stayed at the sidelines (Good idea, otherwise this rally would've broken my neck!). Despite all that, I'm sure that EIDSY is overvalued right now. Like you tae, I think that the Ion Storm situation is a mess: EIDSY spent more than 20 mill. $ in this company and so far the result is almost zero. Given my personal experience in software project management (I was responsible for the cost control in a 400,000 $ SAP R/3 implementation project (duration 6 months)) I'm really shocked by the things going on at Ion Storm (have the guys responsible for that haven't heart anything about project management so far (or even milestone payments)) This whole "Delaykatana" thing is a big mess!
EIDSYs new products are also anything but perfect (Formula 1 game and Braveheart will be flops, I also have my doubts the TR-movie will ever be completed (my guess is Paramount will dump the whole project))
What interests me: Is there anybody on this board who has bought EIDSY below 20 and is still holding his position? If there is at least anybody, he surely has my respect!
Any shorts who haven't been squeezed so far out there?

Kai
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext