Electronic Arts Inc. (ERTS) Message Board
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Lines of the day.......................
June 30, 2003
Playstation 2 Revenue:
$118,369,000
June 30, 2002
Playstation 2 Revenue:
$134,598,000
PS2 revenue for the 2003 second quarter decreased 12.1% over the second quarter of 2002.
How can that happen when the installed user base increased 20%? What a hit to ERTS, thank goodness for the last $11 million dollars from Square and the $15 million form AOL.
BTW...I had a beautiful trip albeit the occasional rain. The walleye were biting, and ultimately they ended up getting caught like suckers and taken back to my camp and fried in my pan.
I think today is a good day to go ERTS fishing and catch a few dumb longs that will swallow this hook, line, and sinker whole. How does that sound?
It is time to bring my average up. It is hard to resist not to when you have buy ratings being issued and guppies jumping up out of the message board water. Stay in alert as I'll let you know if I do any casting by the end of the day.
Till then, wish me luck. I am going to put some shares out for short sale. Any guppy longs willing to take a 'hit' and bite on 'em?-
"At least, *holding dead money* that comes back to life is better than a losing strategy with your 1k shares shorting from 65 to 81."
Like your THQI?
It's only better if the net return is better Dayzee, and from what you've said, it's not :-) -
"Actually no. I made a huge amount of money in the 2+ years while ERTS had no upside and you were holding dead money all that time."
At least, *holding dead money* that comes back to life is better than a losing strategy with your 1k shares shorting from 65 to 81. -
"Now, Rab, aren't you glad you follow my move and go long instead of the ole 1% skimming short? LOL"
Actually no. I made a huge amount of money in the 2+ years while ERTS had no upside and you were holding dead money all that time. -
I liked this line:
"Changes in our accounting for stock options could materially increase our reported expenses."
How do they get "could", surely they mean "would"?- 2 Replies to Rab_Nesbitt
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>>"Changes in our accounting for stock options could materially increase our reported expenses."
How do they get "could", surely they mean "would"? <<
Not if they're all done "dumping" their options by the time the accounting changes take place! -
"Changes in our accounting for stock options could materially increase our reported expenses."
I see they broke it down in the 10Q. Earnings would have been a 1 cent loss instead of a 13 cent gain had they expensed options. Wow.
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BK, your entire post is the biggest crock of BS I've every heard, 'xcept for this line "It is time to bring my average up" . . .
Good luck, ole boy, you'll need lots of it.- 1 Reply to dayz_n_confzd
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I don't know about that Daisy.
Do you think I should do it now or wait for BOA's $95 price target?
Well, what do you think?
There are barely any fish out there biting now with our paltry volume today. I would be lucky if I could reel in an ERTS guppy long before the end of the day.
Are you biting?
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