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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 (1345)1/10/1999 4:39:00 PM
From: Tom Caruthers  Read Replies (2) of 1992
 
Hi Alex,

I dunno. I'm a little skeptical that they can make their numbers.
I'm glad to see that Cabela Big Game Hunter II took the top spot Christmas week. Thanks for the good news :)
I haven't seen figures for any of the console games for December yet, though I am encouraged by a strong showing for Tenchu. I wish I could find out how Apocalypse and Asteroids did.

Where to go from here?...Last year, insiders dumped shares big-time after 3rd quarter earnings. This time, we only see some light insider selling...5,000 shares in November....and Kotick didn't participate.

There have been no downgrades, despite Heavy Gear II slipping....though they were caught by surprise last year too.

I simply don't know. Moving the date up for earnings....Last year they announced on Jan 23rd....the year before that was the week of the 20th too, I believe. They seemed pretty confident about the 3rd quarter in the Q2 conference call, but Sin bombed, Heavy Gear II and Euro Air War didn't ship. Hmmm.

I hope you're right!

Tom
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