Message-ID: <3162733.1075857272944.JavaMail.evans@thyme> Date: Tue, 24 Oct 2000 02:05:00 -0700 (PDT) From: fool@motleyfool.com To: benjamin.rogers@enron.com Subject: Breakfast With The Fool: Activision Lands High Score Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: The Motley Fool X-To: benjamin.rogers@enron.com X-cc: X-bcc: X-Folder: \Benjamin_Rogers_Dec2000_4\Notes Folders\Genco-jv_ipo X-Origin: Rogers-B X-FileName: brogers.nsf _________________________________________________________________ B R E A K F A S T W I T H T H E F O O L Tuesday, October 24, 2000 benjamin.rogers@enron.com _________________________________________________________________ REGISTER TO BECOME A FOOL -- GET FREE STUFF! http://www.fool.com/m.asp?i=165619 _________________________________________________________________ Sponsored By: BUYandHOLD Hey Fool! Want to know the SECRET to long-term investing? Compounding and dollar-cost averaging! Start investing with as little as $20! Just $2.99 per order! http://www.lnksrv.com/m.asp?i=165620 "He that maketh haste to be rich shall not be innocent." -- Proverbs 28:20 ACTIVISION LANDS HIGH SCORE Activision tops estimates. Game on! By Rick Aristotle Munarriz The game's afoot for software specialist Activision (Nasdaq: ATVI). The popular video game maker trounced analyst estimates like a Quake baddie in one of its console ports. http://www.lnksrv.com/m.asp?i=165621 Earnings more than quadrupled to $0.17 a share, a stunning eight cents above Wall Street projections. Revenues climbed by 25% to $144.4 million with the peak holiday shopping season right around the corner. But, as we noted last week, delays in mass shipments of the highly anticipated PlayStation 2 might hose down some of that red-hot momentum with the video game powerhouses. Without enough systems to meet seasonal demand, and few gamers willing to stockpile games for platforms on the way out, how will Activision perform? http://www.fool.com/m.asp?i=165622 The company is now hiking its annual bottom-line forecast by seven cents to $0.63 a share. The only problem is that the company used up eight of those upwardly revised coppers this past quarter. That means that the game maker is looking to fall a penny short in either the December or March reporting period. That might happen later rather than sooner. Since mid-September the company's Tony Hawk's Pro Skater 2 has been the top-selling title for the top-selling PlayStation system. While we are now just two days away from the PlayStation 2 launch, the extreme skating title should continue to roll along nicely in the near term. Activision -- the subject of StockTalk last April -- is the country's second-largest developer of game console software, behind only Electronic Arts (Nasdaq: ERTS). The company is looking for flat growth over the year ahead but a 50% spike come calendar year 2002. http://www.fool.com/m.asp?i=165623 So the past looks great. The long-term appears equally aglow. It's the near-term that might have investors fumbling for the pause button. _________________________________________________________________ NEWS TO GO Winning the battle but Lucent (NYSE: LU) the war, the telecommunications titan reported earnings of $0.18 a share, a penny above estimates. The problem? Analysts were looking for a $0.29 showing before the company gave Wall Street downward guidance due to soft equipment sales. That prompted the bar being lowered to a height of $0.17 a share. Over the weekend, the company's board of directors fired its CEO. Reserve the right to do the same to anyone who naively tells you that Lucent is back on track because it topped fourth-quarter projections. http://www.fool.com/m.asp?i=165624 http://www.fool.com/m.asp?i=165625 Twenty-five million Welcomes. This morning America Online (NYSE: AOL) announced that it reached the 25 million subscriber mark for its namesake online service. It was simply a matter of time -- and of scatter software marketing -- since the company had announced that it had 24.6 million users at the end of the September quarter. On the merger front, today's Wall Street Journal is reporting that the review deadline for its Time Warner (NYSE: TWX) acquisition has been extended by two weeks. The stateside antitrust authorities continue to ponder the ramifications of the mega media merger. National Semiconductor (NYSE: NSM) is laying its chips on the table and the stock is falling as it may. The company has warned that its second and third quarters might fall short of its fiscal first-quarter showing. The company earned $0.76 a share on $640 million in revenues for the period. It was another "pfine" quarter for Pfizer (NYSE: PFE). The pharmaceuticals powerhouse reported earnings of $0.27 a share on revenues of $7.2 billion. The results came in two cents ahead of expectations. For the year, the company is comfortable with targets of $30 billion in revenue and $1.01 a share in earnings. Check out yesterday's Foolish market wrap-up with just one click. http://www.fool.com/m.asp?i=165626 _________________________________________________________________ EDITOR'S PICK In the midst of the "Subway Series," the Fool's Phil Weiss evaluates Lucent's performance this past year in baseball terms. http://www.fool.com/m.asp?i=165627 _______________________________________________________________ -News & Commentary http://www.fool.com/m.asp?i=165628 -Fool Community http://www.fool.com/m.asp?i=165629 -Post of the Day http://www.fool.com/m.asp?i=165630 -Latest Fribble http://www.fool.com/m.asp?i=165631 -Latest Market Numbers http://www.fool.com/m.asp?i=165632 ____________________________________________________________ My Portfolio: http://www.fool.com/m.asp?i=165633 My Discussion Boards: http://www.fool.com/m.asp?i=165634 My Fool: http://www.fool.com/m.asp?i=165635 Fool.com Home: http://www.fool.com/m.asp?i=165636 My E-Mail Settings: http://www.fool.com/m.asp?i=165637 Sponsored By: BUYandHOLD Hey Fool! Want to know the SECRET to long-term investing? Compounding and dollar-cost averaging! Start investing with as little as $20! Just $2.99 per order! http://www.lnksrv.com/m.asp?i=165638 WANT TO RETIRE EARLY? We'll help you set your retirement date (literally!) in our Roadmap to Retirement Online Seminar. http://www.fool.com/m.asp?i=165639 TRY THE ALL-CASH DIET Get your spending under control with this report from Soapbox.com. http://www.lnksrv.com/m.asp?i=165640 FOOL DIRECT E-MAIL SERVICES Need to change your address or unsubscribe? You can also temporarily suspend mail delivery. Click here: http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers @enron.com> Have ideas about how we can improve the Fool Direct or new e-mail products you'd like to see? Try our discussion board: http://www.fool.com/m.asp?i=165641 ____________________________________________________ (c) Copyright 2000, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. . MsgId: msg-16151-B10242676Address.msg-09:02:00(10-24-2000) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: benjamin.rogers@enron.com