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

To: Joe C. who wrote (1004)	3/23/1998 10:00:00 PM
From: Tom Caruthers	Respond to of 1992

I read in a question/answer with Bobby Kotick this month that he has "never been more optimistic about our prospects" and "I think FY 99 is going to be another great year, with a substantial slate of new releases." Out of context, it sounds like just some plain old PR, but in context, I have to believe he was being sincere. P.S. I found out today that Bobby Kotick has 1.8 million shares in options/stock, so that his 20,000 share sale at the end of January, was not really significant. I know that Alex Brown sent the analysis to ATVI today, but I don't know if they received any guidance from the company. But it really doesn't matter. I'd much rather have a strong 1st quarter than a blowout 4th quarter. And who knows? ATVI may still have a fantastic quarter with brisk sales of Battlezone and strong QuakeII reorders. Tom C.