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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: IA who wrote (38685)12/31/2002 2:37:53 AM
From: Johnny Canuck  Respond to of 69866
 
Hi Inder,

Thanks for the E-game links. For the most part I think
the opinion on the sector has changed significantly with
institutional investor.

139.142.147.218

ERTS has broken to a new 52 week low. Since it is the
dominant player it may indicate the sector may have seen
the initial surge from the introduction of new platforms.
What is left is slower growth. If it can re-bound in the
next 2 weeks, I may change my mind as ERTS has not warned.

Since EIDSY missed the transition and has a decent game
franchise, it should still see a decent ramp in sales.
Missing the Christmas selling season is deadly though.
EIDSY management is a bit of a wild card, I am not sure the
street trust them. Not having any US brokerage coverage is
a negative too. It is a bit of a wild card pick based on a
new product ramp.