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Friday, August 16

Interplay by Odin - 13:40 -
Well for those of you that's interessted in the money part of Interplay, here's the second quarter report:
For the second quarter ended June 30, 2002, the Company reported net income of $20.9 million, or $.22 per diluted share, compared to a net loss of $12.4 million, or ($.34) per share, in the same period last year. The net income reported in the second quarter of 2002 was primarily the result of the recording of a $28.8 million gain on the sale of Shiny Entertainment. Net revenues for the second quarter 2002 were $11.8 million versus $14.8 million in the same period a year ago, a decrease of 20 percent. Gross profit margin for the second quarter 2002 was 10 percent, compared to 26 percent in the second quarter of 2001. Finally, operating losses decreased 38 percent from prior year to $7.1 million from $11.4 million reported in the second quarter 2002 and 2001, respectively.
And also on a similar note, Interplay faces delisting from Nasdaq:
Ill news in regard to Interplay's listing on the Nasdaq SmallCap Market. According to a Nasdaq Staff Determination letter, the publisher failed to regain compliance with the minimum $1.00 bid price per share requirement for continued listing and is not eligible for an additional 180 calendar day grace period, since the company does not meet the initial inclusion requirements. Interplay's securities will be delisted from the Nasdaq SmallCap Market at the opening of business on August 22, 2002, unless the company appeals the Staff's determination before August 21, 2002. A hearing before a Nasdaq Listing Qualifications Panel has been requested to review the Staff's decision on the delisting. Interplay can, however, not assure that the Panel will grant its request for continued listing.
Spotted at Gamespy and DAC.

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