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

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To: (Bob) Zumbrunnen who wrote (4019)10/25/2001 6:20:39 PM
From: Bruce Prescott  Read Replies (2) of 4081
 
Bob,

The lowest light is that Portal Runner was a complete flop and retailers are stocking fewer SKU's for Christmas. As a result, Trip is shifting his strategy to focus on quality -- meaning longer development times and fewer games. Cubix and Mosely seem to be the only hope for profit in the next quarter.

I expect the stock to drop to around $1.50 a share or less. I may get back in again when I see it bottom.
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