SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : eidos--maker of Tomb Raider -- Ignore unavailable to you. Want to Upgrade?


To: Andrew C.R. Biddle who wrote (1597)1/15/1999 5:53:00 AM
From: hl  Read Replies (1) | Respond to of 1773
 
Andrew, thanks for the link. The whole ION Storm relationship seems to
have a rather negative effect on EIDSY right now. The only good thing is, that EIDSY has used some of it's cash to buy Crystal Dynamics instead of investing into a direct shareholding in ION Storm. Romero and his partners are currently burning EIDSYs advance royalty payments which means "our shareholder capital". In my opinion Daikatana will be a great game (I saw the non interactive alpha version back at the CeBIT trade show in August), but I've my doubts that it will meet the expectation by Romero of 2.5 mill. copies sold. The well known name "Romero" simply isn't enough to automaticly produce a mega seller. In case Daikatana flops, EIDSY should face the consequences and terminate the partnership with ION Storm (they've got a number of publishing agreements with great game designers such as Pyro Studios (makers of Commandos) or Looking Glass, so EIDSY doesn't need a highly paid games guru like Romero who is only interested in his personal cult and his Ferrari instead of developing good games)
Anyway, strong sales of TR 3 should help EIDSY to announce killer earnings next month, which will drive the share price almost certainly above 20 $.

Kai



To: Andrew C.R. Biddle who wrote (1597)1/15/1999 4:14:00 PM
From: Tumbleweed  Read Replies (1) | Respond to of 1773
 
That is one ugly article.

Really doesnt say much for Eidos's talent for 'investing' in businesses.
Not complaining at todays action though. I think $23 to $25 in the next 2 weeks is easily doable, but probably followed by a fall back to the 20's unless the results are really stellar. This is such a seasonal industry its hard to see why you should keep your money in it all year round.

Joe