LASERPACIFIC (lpac) Message Board

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Microcap & Penny Stocks : LASERPACIFIC (lpac)

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To: Bobby Yellin who started this subject	9/10/2001 8:41:49 AM
From: Dale Baker	Read Replies (1) of 542

The march to DVD continues - and LPAC's market just keeps growing. The future is digital: 08:31 ET Blockbuster (BBI) 19.99: Company accelerating its move to DVD in order to capitalize on the long-term profitability associated with the higher margin DVD rental market. BBI will eliminate approx. 25% of its VHS inventory, as well as select video games, which together now contribute less than 1% of its revenues. Will adopt a change under which the residual value of all VHS tapes and games will be reduced to approx. $2 and $5 respectively, to reflect the rapid shift in consumer demand from VHS to DVD and the evolution in game platforms. Sees charge of approx. $450 mln.

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