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Technology Stocks : eidos--maker of Tomb Raider

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To: THIERRY ANNEZ who wrote (1291)8/27/1998 8:32:00 PM
From: Bleeker  Read Replies (1) of 1773
 
No one wants to be a Commando in this bloody WWII market. It's a
pogrom out there; a systemic massacre of the Russell 2000: down
22% since April. Of course that looks rosy compared to EIDOS: down
52% since Spring. Don't mention value to anyone in this market or
they may ask you: Val who?

Certainly don't talk about trailing P/E multiples in the single
digits or forward P/E ratios in the fives. Oh yeah, never use the
word relative value. In the meantime, pray that Fed chieftan Mr.
Greenspan won't suffer a rise in his blood pressure by 25 basis
points. That's the last thing this WWII market needs. Hopefully,
post Labor Day, once the dust settles a bit in Russia, investors
will shift their focus away from the technicals and look at the
market's fundamentals relative to historically low bond yields. I
added some EIDOS to my long-term portfolio today.

Bleeker: Behind Enemy Lines
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