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Strategies & Market Trends : The New Economy and its Winners

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To: Slumdog who wrote (15338)12/13/2002 10:37:19 AM
From: Bill Harmond  Read Replies (2) of 57684
 
07:33 ET Goldman Sachs cutting Video Game sector to Underperform: ERTS, ATVI, THQI
Goldman Sachs is downgrading its Video Game sector waiting to UNDERPERFORM after Nov NPD data leads firm to believe that industry growth is slowing even more rapidly that it had anticipated when it cut the group in October. Today, firm is cutting the following stocks to Underperform from In-Line: ERTS, ATVI, THQI. For current yr, reduces ERTS est to $2.25 from $2.30, ATVI to $1.01 from $1.29, and THQI to $1.16 from $1.25. For next yr, takes ERTS to $2.67 from $2.75, ATVI to $1.00 from $1.35, and THQI to $1.20 from $1.30.
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