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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (9153)2/25/1999 11:21:00 AM
From: Andrew C.R. Biddle  Respond to of 43080
 
AlienTech-

ERTS-It seems that the video game stocks are down on the expectation that they will have problems because of console rotation ( new dreamcast and new sony playstation consoles) in the year 2000. Remember how AKLM was slow to change to 32 and 64 bit games from 16 bit and their earnings disappeared.

I just listened to THQ's CEO in CC (THQ reported $.95 for Q4: $.69 expected) and he seemed very bullish on year 2000.

ERTS presented yesterday at Robbie Stevens Conference and AKLM will present at 12:00 ET today; something to watch.

You probably know more about this than I do.

Andrew