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Technology Stocks : Interactive Entertainment / Videogames
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To: vc21 who wrote (12)12/20/1999 3:45:00 PM
From: Professor Dotcomm   of 81
 
OK and thanks for the mention. But I think you should note that hardware consoles sales were $1.4 billion in the US in 1998 and accessory sales were $0.6 billion or say one third. That is why the proposed group should include the two largest US accessories manufacturers - InterAct a division of Recoton (RCOT) and Mad Catz a division of GTR Group (GIG). These two have about 40% of the total market and Sony and Nintendo have another 40%. The video game business is not just about spotting the next winning game - in fact front line publishers tend to have spotty earnings histories depending whether they issued hits or not until, that is, you can get to the size of ERTS with a broad enough base underneath you....Even then...look at Friday!
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