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Technology Stocks : Electronic Arts
EA 107.660.0%Dec 12 8:10 PM ESTNews

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From: Sr K2/1/2012 5:11:33 PM
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The EA cc is on now. Highest cash flow in 31 quarters.

The presentation is upbeat, and the stock has recovered the early AH loss down to about 17.50. Now up AH at 18.57 bid.

EA bought back shares during the quarter.

There had been a report that there was less congenstion on the site which had been misinterpreted as lower activity. EA stated in the cc that they doubled the throughput of the servers to cut the waiting times, so they call it great engineering (no slowdown in activity).

The stock plows higher, now 18.80 bid. 19.00 asked.
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