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Technology Stocks : eidos--maker of Tomb Raider
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To: Jeff Lins who wrote (1304)8/31/1998 1:25:00 PM
From: Bleeker  Read Replies (2) of 1773
 
Internet stocks with zero earnings until year 2017 are finally under
the gun. London is on bank holiday and the market was closed today.
Traders are busy playing Commandos: Behind Enemy Lines.

First Call's loss of (-33 cents) if met would put EIDSY's P/E at 6.5
(UK GAAP/ $1.09 per share 12-month trailing and (-60 cents) loss of
a year ago). I know, I know no one is looking at P/Es these days. I
just like quantifying the extent of the selloff relative to earnings.
There seems to be an inverse relationship between earnings and price
in the case of EIDOS.

Bleeker
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