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Technology Stocks : eidos--maker of Tomb Raider

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To: Jeff Lins who wrote (1364)9/16/1998 10:02:00 AM
From: hl  Read Replies (1) of 1773
 
I agree, EIDSYs latest recovery is a good sign, especially in such a volatile market where a lot of small tech stocks were smashed. However, I personally will not start to cheer about EIDSYs stock price, before we are back at the 20 $ level (I sincerly hope we will see this happen before Xmas). Regardless if this stock is trading at 10 or at 14, it is waaaay undervalued and as a long term investor in EIDSY, who has a strong believe in their business strategy and also thinks that the TR franchise is one of the most valuable brand names in the electronic entertainment industry, I've no plan to sell any shares in the foreseeable future.
Besides, I think the Crystal Dynamix takeover is a good move, it's an highly regarded development studio and it also strengthens EIDSYs North American operations. EIDSY can now no longer be regarded as an European Software developer, they are now really a global company...Watch out ERTS and Cendant Software, a new player is in town...

Kai
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