November 10th, 2004 by Arjan Olsder Posted in Companies & M&A | No Comments »
Even prior to the release of its third-quarter earnings, investors clearly had high — no, make that stratospheric — expectations from new issue Jamdat Mobile (Nasdaq: JMDT), a publisher of mobile games and wireless entertainment. The company closed yesterday at $32.35, valuing it at more than $600 million, or 25 times trailing sales. More …