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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 (1281)10/29/1998 1:30:00 PM
From: Tom Caruthers  Read Replies (1) of 1992
 
TLC, THQI, AKLM and GTIS have rallied quite sharply the last several
weeks.

ERTS looks like it is emerging from a down channel to potentially rally higher. ATVI is still stuck in its own down channel...has yet to breakout to the upside....but this stock tends to be a laggard in the industry. The good news is there has been a lot of volume to the upside. If we can stay at this level or get to $11 in the next couple of weeks or so, then I think a rally is in order. My feeling is that we will bounce off $10 and move sharply higher from there.

I think the key here is the overall acceptance of the Q3 slate...There are some potentially big products coming out. Sin has heavy competition from Half-Life and are having difficulty getting this one out...Heretic II (you're right Alex, the demo was a lot of fun and a lot more interesting than Tomb Raider (IMO)...that WWII flight sim...lots of competition there...
But Heavy Gear II looks great....as long as they can get the bugs out...Apocalypse will be out Nov 17th, Asteroids out too, Tenchu reorders (was 10 on the top ten list for Sept, I believe, for console games)... If we get a hit, who knows? I guess we will see.
Looks like TV advertising has been the best way for ATVI to advertise.
I'm hoping they are emphasizing the right games...Asteroids will have ATVI's biggest promo campaign ever...It'd be nice to see a Heavy Gear/ heretic II or Sin short on TV.

Anybody else have a take on this one?

Tom
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