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Technology Stocks : eidos--maker of Tomb Raider
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To: Andrew C.R. Biddle who wrote (1597)1/15/1999 5:53:00 AM
From: hl  Read Replies (1) of 1773
 
Andrew, thanks for the link. The whole ION Storm relationship seems to
have a rather negative effect on EIDSY right now. The only good thing is, that EIDSY has used some of it's cash to buy Crystal Dynamics instead of investing into a direct shareholding in ION Storm. Romero and his partners are currently burning EIDSYs advance royalty payments which means "our shareholder capital". In my opinion Daikatana will be a great game (I saw the non interactive alpha version back at the CeBIT trade show in August), but I've my doubts that it will meet the expectation by Romero of 2.5 mill. copies sold. The well known name "Romero" simply isn't enough to automaticly produce a mega seller. In case Daikatana flops, EIDSY should face the consequences and terminate the partnership with ION Storm (they've got a number of publishing agreements with great game designers such as Pyro Studios (makers of Commandos) or Looking Glass, so EIDSY doesn't need a highly paid games guru like Romero who is only interested in his personal cult and his Ferrari instead of developing good games)
Anyway, strong sales of TR 3 should help EIDSY to announce killer earnings next month, which will drive the share price almost certainly above 20 $.

Kai
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