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


To: (Bob) Zumbrunnen who wrote (4007)10/12/2001 11:11:00 PM
From: David Patrick O'Connor  Read Replies (1) | Respond to of 4081
 
Bob and Bruce; My wife is becoming increasingly concerned about her investment in 3DO. In all honesty, I'm afraid to tell her that this company is all but finished. I've convinced her to hold on until Christmas then call it quits.
I can't understand why Hawkins doesn't call it a day. He could make a decent buck as consultant to the video game industry.

dpoc



To: (Bob) Zumbrunnen who wrote (4007)10/18/2001 2:54:13 PM
From: (Bob) Zumbrunnen  Read Replies (1) | Respond to of 4081
 
Did my first (of many?) small re-entry back into THDO today at $2.40. I'll just throw a bit of my trading profits that way from time to time.

It "seems" the worst is *finally* behind us on this one and it has at least a small chance of some success now, but I can recall no fewer than 6 times in the past 2 years it's "seemed" that way, only to result in major disappointment with the next earnings release. When I read that they expect the current quarter to be profitable, I took it with many large grains of salt.

That said, it's at least cheap enough right now that I don't mind picking up a little bit here and there on the off chance Trip can finally accomplish what he says he can. I don't plan to trade this one unless it moves too rapidly in one direction or the other. Currently, I'd be buying a larger trading position at anything below $2. At the current level, I'll just dip toes one at a time.