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Technology Stocks : Activision....Returns!
ATVI 94.420.0%Oct 13 5:00 PM EST

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To: Tom Caruthers who wrote (897)2/18/1998 12:07:00 AM
From: Henry Hayashi  Read Replies (1) of 1992
 
I wonder if the issuance of new shares is causing the recent slide? Volume and interest have dried up for now. Patience is the best bet. Earnings this year should be explosive, both for the pc and the console side of ATVI's biz. Consumers are buying entertainment software in amounts that are surpassing movie box office receipts.

The industry is experiencing unprecedented growth, but the street has been slow to catch on. They are waiting for continued earnings surprises before jumping in with both feet. EIDSY, THQI and ATVI should be posting some rather big numbers in the coming Q's. Volume on all three of the above has been extremely light of late. It will be interesting to see if the coming earnings reports by these companies will signal a key reversal in momentum.

Henry
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