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Technology Stocks : Activision....Returns!

ATVI 94.42

0.0%

Oct 13 5:00 PM EST

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To: Bob Howarth who wrote (1697)	5/1/2000 5:34:00 PM
From: Scot	Read Replies (2) of 1992

At this price, 6 1/4, the cock roaches are discounted. If they were going bankrupt, they would not have bothered a few weeks ago to pass that poison pill. Gotta be a steal here! So is EIDSY and Midway. This sector is lower than I have ever seen it. Something will happen (always does). Bob, I don't necessarily disagree with you as you'd think that the conventional wisdom would prevail....but I'm skittish on this as a "buying opportunity". Perhaps I'll miss out, but I'd rather not buy before earnings as Alex has said and then reassess. My understanding is that an earnings date hasn't even been announced yet. Have you heard anything? I know the web site has a range of dates listed (i.e., first week of May). On the poison pill....I agree with your assessment. But the whole thing feels a little ridiculous at that price. Who are they kidding? I suppose it is prudent, but they need to focus on shareholder value, instead of their own futures. Who is management to say that shareholders wouldn't take $20 a share? -Scot

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