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

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To: Burlitis who wrote (1234)8/20/1998 11:23:00 PM
From: Bill Gizzo  Read Replies (1) of 1992
 
News from ogr@ogr.com



Activision (NASDAQ:ATVI) shares jumped up around 10% so far today, after id Software announced that Activision will be distributing the upcoming QuakeIII.
As of 3:35 (25 minutes prior to the stock market close), Activision was trading at 12 1/4, up 1 1/8 for the day.
As Quake II was perhaps Activision's most popular title to date, it's no wonder that stockholders are excited about the third title in the series. [3:40 PM ET]

UPDATE: Activision's sudden jump in share price today may not only be attributable to the official announcement of Quake 3, but also to the
announcement by Infogrames, a European computer gaming publisher, that Activision is a potential takeover target. Activision is mentioned in a Bloomberg news story about Infogrames seeking a US company to partner with or to buy out. [5:10 PM ET]

Cheers
Bill
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