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As an Eidos share owner (I must have been asleep at the time) it's been an awful time watching them slide so heavily - they had £60 shares last December, and now they are just £2. However, there was a 5:1 split so it would be £10. This is still an appaling loss - you thought Sega were having trouble?
So why are Eidos losing SO much money? It could be due to 'er-no's incredible wages as a games tester, but it isn't. Eidos have blamed the PS2 launch debacle and shortages for the losses - Time Splitters - one of the better PS2 games hasn't sold nearly as well as it should have done and so Lara's firm has decided to hold back PS2 games for release until the userbase is higher - sensible, but they should have known. EA sports have found similar problems, as have many others.
That's the problem when the games industry decide that the Sony machine will be the next gen winner before it's even released - you get an onslaught of gaming releases, and hardly anyone buying them.
Oh well - that's whyu everyone is still developing for PC and Playstation - the most lucrative formats, although Final fantasy ONLY sold 50,000 in two weeks over here - that's not even 1% of the PSX userbase in the UK.
Never mind. If you want a good tip for buying shares then go for Eidos - they are at an all time low and can only go up, possibly. With the release of Who Wants to liquify a Millionaire due out on all formats soon, they could be raking in the profits again. Maybe.
Sorry for the news :( I am not a happy person.
But is it too late? Humm. I'M not even sure on that one...
As an Eidos share owner (I must have been asleep at the time) it's been an awful time watching them slide so heavily - they had £60 shares last December, and now they are just £2. However, there was a 5:1 split so it would be £10. This is still an appaling loss - you thought Sega were having trouble?
So why are Eidos losing SO much money? It could be due to 'er-no's incredible wages as a games tester, but it isn't. Eidos have blamed the PS2 launch debacle and shortages for the losses - Time Splitters - one of the better PS2 games hasn't sold nearly as well as it should have done and so Lara's firm has decided to hold back PS2 games for release until the userbase is higher - sensible, but they should have known. EA sports have found similar problems, as have many others.
That's the problem when the games industry decide that the Sony machine will be the next gen winner before it's even released - you get an onslaught of gaming releases, and hardly anyone buying them.
Oh well - that's whyu everyone is still developing for PC and Playstation - the most lucrative formats, although Final fantasy ONLY sold 50,000 in two weeks over here - that's not even 1% of the PSX userbase in the UK.
Never mind. If you want a good tip for buying shares then go for Eidos - they are at an all time low and can only go up, possibly. With the release of Who Wants to liquify a Millionaire due out on all formats soon, they could be raking in the profits again. Maybe.
Sorry for the news :( I am not a happy person.