EIDOS CLOSES HIGH
AFTER GOOD TRADING
Copyright 2001 www.tombraiderchronicles.com
[ October 8th 2001 ]
London
based Tomb Raider publishers Eidos PLC closed
up 8.50 (4.51%) after witnessing heavy trading
on its share price today following reinstated
coverage by information carrier Merrill Lynch
who attributed the companies investment allure
on a current strategy designed to develop high
volume genres an in-house software titles.
Last
week, Goldman Sachs’ also posted a positive review
of the games sector fueled by the imminent release
of the next generation gaming consoles, including
the XBOX from Microsoft Corp, and encouraging
figures from UK high street retailer Electronics
Boutique who said sales during the past nine weeks
were 46 per cent higher than the same period last
year.
Eidos
looks set to further strengthen is position in
the games sector with an impressive release resume
for 2002. Among the 21 titles slated for commercial
debut includes Tomb Raider Next Generation, Core
Designs sixth episode in their phenomenally successful
Tomb Raider adventure series.
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