INVESTORS TIP EIDOS INTERACTIVE
Copyright 2001 www.tombraiderchronicles.com Source: The Guardian

[ February 24th 2001 ]

Investors Chronicle has tipped Eidos Interactive as stock to watch in anticipation of an economic explosion throughout the games industry with analysts predicting a 20% growth in the console market over the coming year, The Guardian reports today.

"As a result, the stock rose 19p yesterday to 274p. However, while the hi-tech heavyweights Sony and Microsoft prepare for mortal combat, their initial battlefield - the US - has entered a period of economic slowdown which is likely to hit the leisure retail sector harder than most."

A series of profit warnings and resignations saw Eidos Interactives share price limp through the forth quarter of 2000, and Sony's delay launching it's PS2 meant Eidos had to reschedule many of it's planned 2001 software releases. Eidos have also worked hard on an exciting portfolio of titles including Core's upcoming Project Eden which distances itself from relaying solely on the successful Lara Croft Tomb Raider series and ensures it's dominance in the games arena.