SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Electronics Boutique (ELBO)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mad2 who wrote (404)7/20/1999 1:47:00 AM
From: ratherbelong  Read Replies (1) of 779
 
Mad2,
Regarding your comment from several posts ago...

< I've read that a couple of companies that serve the video game market have indicated a softening of business that they attribute to consumers delaying purchases pending Sega's release of dreamcast.>

I didn't want to respond until I had a chance to do some investigation on this issue and I do believe that what you say is "right on". ELBO is certainly not immune to the fact that prior to the release of a brand new platform and especially one of this magnitude, that sales (of what would suddenly be considered obsolete equipment) would slow. However, having said this, I also believe that ELBO is in what would normally be their slowest quarter anyway and are only up against last years <-0.02> cents result. I believe analyst projections of 0.02 cents for this quarter are very obtainable given the fact that pokemon, game boy and Star Wars would have boosted sales in what would normally have been a very difficult new platform pre-release period. Given all the above, I would be happy to meet expectations for this quarter, knowing in advance that next quarter should be an absolute blowout. Everything I read leads me to believe that pre-orders for the new Sega Deamcast system are way ahead of expectations and we should see some excitement building as we get closer to the September 9th, 1999 introduction date.
Just my thoughts but as an investor, I very definitely am happy to be long ELBO here, at these prices because I believe the closer we get to September the more costly it will become to buy in.
What is your take on this? Your comments are always appreciated.
RBL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News