| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
Any perspective by anyone on ThreeDO (3DO), NAS:THDO? Prices have
dropped to 23.5 from an October price of 42.
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 638.1 | Recent bad news for 3DO | ANGLIN::PICKETT | Thu Dec 16 1993 13:21 | 12 | |
Just a lot of negative news on 3DO lately...
Dan Dorfman stated that some analyst said that the stock is overpriced.
MediaVision announced that they will build similar machines at half the
3DO price ($300 versus $700) in 1995.
3DO is issuing another 1 million shares soon. The company just went
public last summer.
The first product went on sale in October with only 3 games to play,
and the initial excitement is waning.
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| 638.2 | 3DO: "Just Say No" | MILKWY::ROBINSON | The Captain | Thu Dec 16 1993 16:20 | 21 |
re: 3DO
Based on what I've heard about 3DO, I'd hold off. Their CEO promised
42 games would be availalbe by Christmastime and they've delivered 2 or
3. Now the CEO says there'll be 30 titles by February. Are you gonna
believe him now?
Also, Atari is getting ready to come out with a new machine with more
power and speed than the 3DO for a lower price. I believe it will be
called the Jaguar. Sega also has a CD game available, but I don't know
much about their system. There are also several other companies that are
entering the fray and 3DO doesn't have the kind of overwhelming competitive
advantages (speed, price, selection) to ward off it's competitors.
I'm sort of a novice with respect to the markets, but I know my games
and I really don't think 3DO is going to be a runaway hit anytime soon.
I think it's much more likely that it'll get creamed by faster
machines, cheaper machines, machines with more memory, machines with
greater selection, or machines that combine the above characteristics.
Wendell
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