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

To: Tae Spam Kim who wrote (1165)	7/31/1998 8:40:00 PM
From: Bleeker	Read Replies (1) \| Respond to of 1773

Sony Corp. isn't doing terribly well these days: at the operating level, which reflects the company's core business performance, Sony's profit fell 4.9% in the quarter ending June 30. Even worse, their operating profit would have been 45 billion yen lower if it wasn't for the yen's 12% depreciation against the dollar compared to a year ago. ''The actual situation is that year-on-year, Sony experienced 50% negative growth, according to Kimihide Benson, an analyst with Dresdner Kleinwort Benson (Asia) in Tokyo. --This is from a Wall Street Journal article from yesterday. Maybe EIDOS should stay clear of Sony. Realistically, why do we want a Japanese company with negative growth to get involved with EIDOS? If this is how EIDOS is going to resolve its acquisition dilemma and buy Psygnosis, there are much stronger partners in the United States. EIDOS has just turned the corner after four years of negative EPS. Why can't the company focus on a few more quarters of positive EPS before inviting Asia's mess into its own backyard? This is the craziest rumor I have heard on the acquisition issue. Bleeker