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Technology Stocks : Activision....Returns! -- Ignore unavailable to you. Want to Upgrade?


To: ilan saadia who wrote (991)3/23/1998 1:41:00 PM
From: Tom Caruthers  Read Replies (1) | Respond to of 1992
 
Do not get scared! :)

This is a perfect buying opportunity. You can wait until we
bounce back, but this sharp decline represents the last leg of the 5 wave decline. This is when panic selling takes place and people who were stout longs last week give up the ship and just sell.

There is nothing wrong with ATVI. I would wager that we have some people, disgruntled people from THQI shorting the stock, trying to teach the bulls here a lesson, but it's their own necks. Don't try to short a company that has a future like this one.

Tom



To: ilan saadia who wrote (991)3/23/1998 1:43:00 PM
From: Tom Caruthers  Respond to of 1992
 
I'm in for more today at $11 1/4 and will be again shortly.
Regardless of the machinations of market makers, there comes a point when value overrides market manipulation. People will step in to buy this company and thwart the efforts of market manipulators. We will see that today and in the next several days.

Tom



To: ilan saadia who wrote (991)3/23/1998 1:52:00 PM
From: Tom Caruthers  Respond to of 1992
 
Also, look at ERTS market cap. An increase of 500 million from the start of this year alone. Look at ATVI's market cap...$220 million
based on today's price. Look at the prestige factor. ERTS of course on top, but ATVI is in the top tier of developers. Now you have to say to yourself...is ERTS really worth that much more than ATVI or is ATVI worth that much less than ERTS? The answer is absolutely not! ERTS has some heavy duty buying power in its stock right now. Think about it...Virgin was asking $350 million! Yeah right! :)

I am excited by today's action. To me, it suggests that we are going to see a hostile bid for ATVI soon. This entire industry is consolidating and there is not a single interactive gaming company out there that is of a better value than ATVI right now :)

I am buying. I am excited! I am going now so I can buy some more!

Tom :)