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


To: Andrew C.R. Biddle who wrote (1659)3/25/1999 9:17:00 AM
From: hl  Read Replies (1) | Respond to of 1773
 
It seems EIDSYs rally is loosing steam.
O.K. my advise to sell at the 24 - 25 $ range was bad timing, but hey
everyone who bought late last year in anticipation of good Xmas sales has made good profits right now. So I can't see what's so wrong by taking some money from the table. EIDSYs performance was so far a super party this year, but it might be wise to leave such a party when everyone is happy and before things are starting to get nasty...
I'll stay at the sidelines and wait until those fund managers who bought at 30 will get nervous and start to panic. Believe me, everyone who bought a large number of EIDSY shares at prices around 30 will spit blood later this summer and will damn they day when he made his investment decision.

Greetings,

Kai

P.S.: I don't see a SCI Entertainment PLC takeover in the cards right now. This company is majority owned by it's founder Mrs. Cavagnah and the price is still way below it's highs of 150 pence, so I don't see a reason why they should sell to EIDSY in return for overvalued EIDSY stock. SCI is making profits and doesn't need a buy out offer right now (same thing with Rage PLC which is another UK developer).