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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Patrick O'Connor who wrote (3691)10/26/2000 11:50:18 PM
From: Bruce Prescott  Read Replies (2) of 4081
 
I don't think 3DO needs to be taken over.

I think some institutional investors are bailing out because earnings (and therefore the price of 3DO stock) is not going to rise as rapidly or as high as they would like.

Trip has always viewed things from a long term perspective. There is no doubt in my mind that 3DO is going to be a successful. That is not a given in the entertainment software field.

Trip's foray into internet gaming again is unsettling in the current investment climate. Trip thinks the company's patent will begin generating a steady revenue stream around 2002. That must be when broadband connectivity has reached sufficient saturation to make games over the internet entertaining enough to generate a real revenue stream.

I'm willing to wager that Trip knows what he's doing. I think it is pretty safe bet when the stock is selling for less than $5 a share. I plan to buy more and average down.

I've managed to break even on 3DO through all its ups and downs.

You have to work a little harder with this one than you do with some others.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext