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Electronic Arts Inc. (ERTS) Message Board

  • acronin acronin Dec 1, 1997 8:43 PM Flag

    leading company

    I also really like ERTS, I picked up shares as a former Maxis shareholder and was bought out by EA. That is what I like--the fact that they are beginning to take over the industry, they are now the leader and are constantly improving their market position.
    I expect solid growth from the company and am not scared about the high PE ratio. With expected earnings next year of over $1.50, it should be trading at well over the fifty dollar region if it trades at least 35 times its earnings. Evenmore, with a strong economy, I'd expect a stronger Christmas season as people have more cash to spend on matieristic gifts like computer games. What does everyone else think?

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    • The article was online on Wed. It stated that many computer segments were going to suffer but that computer gaming was going to be very successful this year. They interviewed a CEO or something from ERTS and he expected this year to be better than even
      the introductory year to computer gaming in 1989. The biggest ever for his company anyway. Sony Playstation and Nintendo 64 or whatever have big advances in technology this year and that I guess is helping alot. Don't quote me on any of this or anything, I am going from memory!

 
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