Activision is set to zap its rivals as computer games come back
Article Abstract:
Activision is poised to succeed in 1997 holiday sales of home computer games. The interactive entertainment software developer and seller should have top-sellers that will perform deep into 1998, according to analysts. The forthcoming 'Heavy Gear' game for PCs will likely trail only Broderbund's 'Riven' among popular titles for Christmas 1997, UBS Securities analyst Michael Wallace said. Analysts say Activision's young and organized management team seeks to widen its portfolio of 250 games, 80% of which are created in-house. Its strategy also emphasizes keeping titles fresh and staggering the release of new titles. Activision frequently recruits from the top US business schools, in contrast to the industry's many undisciplined counterparts. Company revenue leaped to $31 million in the 2nd qtr, a 66% gain, and per-share earnings of 13 cents eclipsed Wall Street's 11-cent estimates.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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Fulcrum Technologies plans to launch new versions of retrieval software
Article Abstract:
Fulcrum Technologies is leveraging the advantages of its recently introduced information-retrieval technology as a foundation for its future software development and marketing strategies. Fulcrum's SearchBuilder Express and Fulcrum FIND text search and retrieval software incorporate the ability to access information from multiple sources with a single command. Fulcrum intends to integrate this technology in its existing and future product lines. Fulcrum's 1st qtr 1996 earnings of $579,000 Canadian represent a 51% increase and are higher than most analyst's projections, due largely to Fulcrum's company acquisitions and a growing customer base. Fulcrum officials project that the company will eventually move to raise capital to finance the company's continued growth.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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