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Technology Stocks : eidos--maker of Tomb Raider
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To: hl who wrote (1678)5/17/1999 12:11:00 PM
From: AJ Berger   of 1773
 
most here expected EIDSY to go down

as it always does every spring. we all just expected this downturn much too early, that's all. the run from $24 to $38 was a pleasent suprise for longs after earnings came out, and scared away a lot of the seasonal shorts. While I don't expect this stock to trade back into the teens, I certainly don't expect a recovery up to $50 at least until the first quarter of 2000. I'm surprised they didn't show off Revenant, as that's the currently expected hot title. Showing TR4 was probably stupid without the Movie promotion packaged together. As for Daikatana, everyone knows that ones overbudget and won't help EIDSY's bottom line at all. This stock should trade quietly all summer.

E3 Eidos Tidbits:

Tomb Raider IV was definitely shown
somewhere in the depths of Eidos' booth in the LA
Convention Center. Details are virtually non-existent
and Core is remaining tight-lipped on the matter. "It
was there only to be shown to analysts and
investors," said a spokesperson for the company.
Whether or not the latest iteration of the adventures
of the busty brunette was shown on PlayStation,
PlayStation 2 or PC is as yet unknown, as is the
level of completion of the project. Expect more to
emerge from Eidos and Core in the coming months

Eidos has signed Jurassic Park author
Michael Crighton's newly formed Timeline Studios
to an investment and publishing deal. It has also
taken a stake in the best-selling writer's company.
Timeline has only just begun its first project which is
expected to appear in the first half of 2000.
Crighton said: "We're excited about the possibility of
combining the design innovation of our Timeline
Studios team with the marketing expertise of Eidos
Interactive."

Eidos has reached an agreement with Looking
Glass to bring out four new Thief titles. The first will
be called Thief Gold, an enhanced version of Thief:
The Dark Project, and will be released in Fall '99.
The second new thief game will appear in Spring
2000 and will be called Thief II: The Metal Age. In
it players take the role of Garret, a cynical master
thief in an ancient city.
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