ROCKED BY EA WARNING
Copyright 2005 www.tombraiderchronicles.com
[ May 5th 2005 ]
in British video-game publishers were rocked yesterday
after giant Electronic Arts issued its second
profit warning in six weeks, citing a current
shortage of consoles coupled with the decision
by gamers to wait until Microsoft's Xbox 360 (Xbox
II) and Sony's Playstation 3 have begun circulating.
Ordinary shares in Eidos fell 10 per cent to close
at 48.75p with shares in SCi Entertainment - currently
in the process of purchasing Eidos - shedding
20 per cent to close at 298.5p.
to British newspaper The Independent, conspiracy
theorists believe the shortage of game consoles
has been deliberately orchestrated to clear the
decks for new hardware. SCi Entertainment, the
company at the center of a recent acquisition
battle with U.S. equity group Elevation Partners,
is in final negotiations with Eidos after the
board unanimously recommended an all-share offer
put forward by SCi.