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

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To: Elvis Jones who wrote (3748)1/18/2001 8:46:53 PM
From: David Patrick O'Connor   of 4081
 
Great title Duke and welcome to the board. By complete chance, I read an article today called 'Follow the Leaders' in the Investor's Business Daily. I've never subscribed to this paper but it happened to be left behind by someone in my favorite local donut diner.
The article covered the Computer Software - Educational/Entertainment Group. I decided to do a follow up. This sector took a pretty good hit back in early June when analysts realized that Sony's console transition from PSX to PSX 2 was causing major grief for game developers. 3DO hit an inter-day low of $4.78 on June 8, 2000. Today it closed at $2.56. Kindly look at the following list.

Company Day's Low June 8th Day's Close Today

3DO THDO $4.78 $2.56
Activision ATVI $6.21 $18.43
THQ Inc. THQI $10.75 $27.06
Take Two TTWO $10.81 $11.81
Elec. Arts ERTS $35.56 (split adj.) $39.18
Infogrames IFGM $1.87 $9.50
Interplay IPLY $1.81 $2.68
Acclaim Ent. AKLM $2.03 $1.12
Midway Games MWY $7.31 $7.45
Eidos EIDSY $6.12 $4.37
iEnt.Network IENT $1.25 $0.62

Hawkins will probably have one more year at best to get the show on the road or we're done like dinner.

All the best,

David P. O'Connor
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