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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO) -- Ignore unavailable to you. Want to Upgrade?

To: David Patrick O'Connor who wrote (3696)	10/29/2000 8:34:47 AM
From: Bruce Prescott	Read Replies (1) \| Respond to of 4081

3DO gets slammed regularly. It also comes back with equal regularity. I am sure that Trip will do whatever he has to do to keep THDO going. Every time he does something that taxes his investor's patience, he puts up more of his own money. I don't see many (if any) other CEO's doing that. Entertainment software is very tricky business. Only a few companies will survive another 5 years. Those that do are going to be very BIG. I am confident that 3DO will be one of them. The way to make money with 3DO is to average down and be patient. Until this last drop I was making money (long term) on 3DO, now I'm breaking even. I plan to buy until my average price per share is about 4 1/2 and wait. My average price per share is about 6 right now. Before this stake, my average price per share was 2.75. I sold it last year at $6.50 -- way too soon in hindsight. That's why I was happy to get back in in April at $6.00. The way I see it, we've got a great opportunity to stock up in the $3's.