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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)

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To: Aldo Baiocchi who wrote (3349)7/29/1998 7:08:00 PM
From: Don Westermeyer  Read Replies (1) of 4081
 
Any thoughts?

Looks like 3DO is at least treading water now.

I doubt they will be profitable by year end though. They may break even if they have a few more titles as successful as M&M and Army Men.

Even though the year end is big for software sales, there is a lot of competition for sales 3DO's titles have to contend with.

I do see they booked over $6 million accounts receivable. I'm not an accountant, but that seems like a lot compared with their revenue.
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