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Technology Stocks : eidos--maker of Tomb Raider
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To: Jack Be Quick who wrote (929)6/2/1998 9:43:00 AM
From: hl  Read Replies (1) of 1773
 
EIDSYs investment in the record label Naked Records was an attempt to gain access into the music business. According to EIDSYs last year annual report they bought this operation for 85,000 GBP in stock from an ex band member of "curiosity killed the cat" (I have no idea what this is). This operation was mentioned to have contracted two potential new hit bands and had 3 employees and a negative book value of 300,000 GBP and revenues of Nil. In their annual report it was separated form their games business and their video editing division
(this is also rather small with 28 employees)

Kai
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