Activision....Returns! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Activision....Returns!

ATVI 94.42

0.0%

Oct 13 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nikolas Paunovic who wrote (1168)	5/14/1998 1:43:00 PM
From: Chris Baker	Read Replies (1) of 1992

Revenues for the March quarter were about 22.4% of the restated fiscal year - not bad. According to First Call all 8 brokers who estimated the March quarter expected the company to break even. For the quarter ended in June ATVI is expected to have a significant loss with a mean estimate of -.22 per share. If ATVI could break-even in the June quarter the company would significantly beat present expectations and which would likely lead to earnings upgrades for the year. ATVI has plenty of opportunities to cut costs with big increases in Sales and Marketing expenses and in G&A in the March 1998 quarter compared to the March 1997 quarter.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next