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Interplay's Q2 a Negative Number?

Discussion in 'Game/SP News & Comments' started by NewsPro, Jun 29, 2004.

  1. NewsPro Gems: 30/31
    Latest gem: King's Tears

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    Remove all ads!
    (Originally posted by chevalier)

    Interplay is left at 28K at the end of Q1. The drop ratio per quarter is around 40%. Apparently, Q2 is going to end at below zero. Here's a snip:

    They have dropped about 40% with each quarter results release. Their market cap is now less than 10% of the previous year's revenues and also less than the "profit" of Q4. Then again, they pissed away about 1 million from their cash "hoard" and now are left at 28K as of Q1's end.

    Q2 is gonna be less than zero?

    Read the rest at Raging Bull.
     
    NewsPro, Jun 29, 2004
    #1
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