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Technology Stocks : eidos--maker of Tomb Raider

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To: AJ Berger who wrote (1661)3/25/1999 10:44:00 AM
From: hl   of 1773
 
It looks like EIDSYs European arch rival Infogrames from France has snapped up the Sheffield based Gremlin Group.
I don't see Gremlin as a No. 1 games developer (the only product I know from Gremlin was the rather successful 3D adventure "Normality" a few years ago, since then I heard nothing from this company). However, if you look at the chart the 120 pence cash offer is in fact a take under compared to the stock quote a few weeks ago.
Gremlin was valued at 22.9 mill. GBP cash; is everyone sure that EIDSY is worth around 400 mill. GBP given it's current valuation?

Kai
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