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


To: James S. Martindale who wrote (1315)9/2/1998 9:04:00 AM
From: Bleeker  Read Replies (1) | Respond to of 1773
 
The Wall Street Journal cites analyst Lise Buyer at CS First Boston
that Interactive Entertainment software company Electronic Arts is
fundamentally undervalued based on the sector's profit and revenue
potential through the year 2000. Because of the recent (market)
uncertainty, she said investors should look to buy companies whose
stock price has appreciated without much hype... p. C1 US Edition,
Sept. 2.

While I agree with her outlook on the sector, Electronic Arts with
a P/E of 36 is far from undervalued. Gimmie a break. EIDSY trades
at almost 1/4 ERTS' valuation on a P/E multiple basis. I think CS
First Boston has had heavy exposure to vodka, among other Russian
assets, in recent months.