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

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To: ilan saadia who wrote (991)3/23/1998 1:52:00 PM
From: Tom Caruthers   of 1992
 
Also, look at ERTS market cap. An increase of 500 million from the start of this year alone. Look at ATVI's market cap...$220 million
based on today's price. Look at the prestige factor. ERTS of course on top, but ATVI is in the top tier of developers. Now you have to say to yourself...is ERTS really worth that much more than ATVI or is ATVI worth that much less than ERTS? The answer is absolutely not! ERTS has some heavy duty buying power in its stock right now. Think about it...Virgin was asking $350 million! Yeah right! :)

I am excited by today's action. To me, it suggests that we are going to see a hostile bid for ATVI soon. This entire industry is consolidating and there is not a single interactive gaming company out there that is of a better value than ATVI right now :)

I am buying. I am excited! I am going now so I can buy some more!

Tom :)
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