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

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To: Henry Hayashi who wrote (1208)6/27/1998 1:34:00 PM
From: Tom Caruthers  Read Replies (2) of 1992
 
Henry,

I've never made money on ATVI calls...but you're right, these look interesting.

Anyhow, compare BROD and ATVI. BROD went for $420 million in stock.
But what did BROD have anyway? Now look at ATVI. I think we can all see the value here.

ATVI is a total steal here. The market is pricing the company at $200 million. But, minus the 90 million in cash, ATVI is really only selling for $110 or $5.50.

Man, everytime I think about what a great opportunity this is for shareholders, I want to buy and buy and buy.

P.S. there is a rumor that ATVI will be developing a game based on Spiderman. Also, the title "Beneath", being developed by Presto Studios (Journeyman fame) for ATVI is being billed as the Tomb Raider killer.

Tom
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