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


To: Bleeker who wrote (1216)8/11/1998 11:45:00 PM
From: Bleeker  Read Replies (1) | Respond to of 1773
 
I expect GTIS to trade up tomorrow if the market remains flat to
slightly negative at a minimum. The reason is obvious: investors
prefer healthy balance sheets over debt-saddled ones. But the
damage has already been done and the postponement of the bond
offering will only undo the damage only in part. EIDOS should
take heed.

Bleeker



To: Bleeker who wrote (1216)8/12/1998 12:25:00 AM
From: Jeff Lins  Read Replies (2) | Respond to of 1773
 
Bleeker: didn't the PR for tGTIS hit after the bell? Perhaps this will give the stock a boost?

Did you note the following from 8-k (GITS): "Our mass merchant distribution business remained strong and increased 20 percent, augmented by sales from our affiliated label companies." Now, they have lost 6 customers, including ERTS (walmart). Yet business grew? I think they gained business from distributing GT Value Products (Slash,WizardWorks,etc). What a scam. They spin it to make it look like distribution is increasing, when it is really shrinking-aside from their own business, which I would consider publishing rather than distributing...

how about this: "International front-line publishing revenues rose 17 percent while value-priced revenues increased 22 percent for the quarter. Domestic front-line publishing declined 3 percent;" Domestic front-line publishing declined 3 percent? With Unreal? That ain't good...

Huge inventory, minimal cash, debt...it's a good thing they have some solid titles coming up...

BTW, if you put up the phone numbers I'll call anybody you want me to...I do not like the difficulty in getting any data on EIDSY...