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Technology Stocks : Interactive Entertainment / Videogames

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To: vc21 who wrote (73)5/14/2000 8:41:00 PM
From: Schiz   of 81
 
Vic, I have to disagree.

I'd say it was a solid base hit. While they didn't make the old estimates, the old estimates were a bit overly optimistic. Big picture looks very good. Revenue trend looks excellent 10mm in fy98 (i think), 48mm in fy99, 122mm AND PROFITABILITY in fy00 with 210-215mm in revenue and .50/share earnings estimated for fy01.

Yahoo still shows .50 + eps estimated for fy01 and 40% estimated 5 yr growth rate. Put a 40 pe on .50 per share and we could easily see $20 per share within the next year.

Factor in possible additional upside in earnings and revenue combined with the possibility of over-valuation and $20 may seem cheap a year from now.

On the other hand if they underperform then we might not see $20 at all.

I'm banking on making or beating current estimates and being at least in the high teens, if not much, much higher by this time next year.

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