To: Jeff Lins who wrote (1252 ) 8/19/1998 3:38:00 PM From: Bleeker Read Replies (1) | Respond to of 1773
Maybe we should raid Wimbledon Bridge House on the day of the annual meeting, September 11. Sort of like a Normandy operation with forces from the farflung corners of the world a la Commandos: Behind Enemy Lines. We can break in and point a Schermuly Riot gun at Cornwall's head and grill him for the past write offs and the cushy bonuses that were doled out. Nope, they're not going to get anymore from me either. A Schermuly by the way is a 38 mm shotgun that supports a mechanism to hurl large tear gas grenades. It's manufactured in Salisbury and Wiltshire, England. I'm not sure yet if I will attend the meeting though. Until then we can hurl some of these barbs at the finance department and CEO Cornwall himself. We are constructive; We have their phone numbers. Someone has to tell Mr. Cornwall and Co. in dour tones that we don't want more Naked Records; We don't want dressed ones either. We don't want record revenues either. We just want record earnings. THQI is currently trading at $28 with a model based mostly on outsourcing...that could be EIDOS, you know, if we can convince Cornwall to fall in love with record earnings rather than bloody revenues if truth be told. Once we get through FYQ1 Commandos will spread like the plague. At this point I am not so much concerned if we get a loss of -51 cents (the Goldman estimate) or -33 cents (the First Call mean). Earnings were so lousy a year ago Q1 (loss of -60 cents) that trailing P/E should drop further even with a mega loss. Once Commandos hits the shelves and we enter September, the focus should shift to Christmas and Tomb Raider III. In the meantime, why not fire the marketing mavens at Brainerd Communicators and save a few dollars from the lumbering A team. If Brainerd (212) 986-6667 was a publically traded company we could have sold it short. Here is the most recent short interest data on EIDOS. Non-existent: viwes.com P.S.Has the WW II movie, Saving Private Ryan, been released in Europe? Pax, Bleeker