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Technology Stocks : eidos--maker of Tomb Raider -- Ignore unavailable to you. Want to Upgrade?

To: Bleeker who wrote (932)	5/27/1998 4:03:00 PM
From: Jack Be Quick	Read Replies (1) \| Respond to of 1773

Bleeker, That may be. However, I believe your original post spoke about "the number that investors look at". I think that in this case it is eps of $0.26 for the qtr. How extraordinary or one-time items should be evaluated is, of course, an open question. I don't have a strong opinion about this with respect Eidos. Naturally, I would have preferred that Naked Records, whatever that was, had been a success and had netted a profit. On the other hand, it seems to me that a growing, dynamic company in a growing, dynamic industry that is seeking to expand and grow through acquisitions, new ventures, joint ventures, etc. is going to "habitually" have charges associated with those activities. Hopefully, the positive result of these activities will be reflected in increasing eps. Unless I missed something, again, this quarters eps are way up year over year. I fuzzily recall a statement that this is the first time in their history that they have reported a 4th qtr profit. To me, this is better than a poke in the eye with a sharp stick, but that is just my opinion. JD