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Technology Stocks : Activision....Returns!
ATVI 94.420.0%Oct 13 5:00 PM EST

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To: Professor Dotcomm who wrote (1585)12/17/1999 4:34:00 PM
From: Scot  Read Replies (2) of 1992
 
Well at least ATVI was not caught too badly (down $1.25)in the firestorm today from the ERTS downgrade. It seems to have caught the market cap leaders: ERTS of course, THQI, MWY, EIDSY. The smaller ones got off lightly - except for AKLM.

I guess....this whole thing was about N64 sales. Sheesh, is anyone surprised this is a dying platform with PS2 on the horizon and the DC? My beef is that ERTS is wildly overvalued at 60 times earnings after the correction.

I mean, ERTS doesn't even have any N64 games in the top ten. On a positive note, ATVI has moved from 8 to 6th top game manufacturer:

gamedaily.com

And Tony Hawk is now #4 after several months:

gamedaily.com

Also, I want to know why EIDSY didn't get hammered?

ATVI gets no respect.

-Scot
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