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Technology Stocks : Electronics Boutique (ELBO)

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To: Victor Lazlo who wrote (132)12/12/1998 9:26:00 PM
From: Victor Lazlo  Read Replies (1) of 779
 
My dream is for ELBO to buy out Funco (fnco). This would be a blockbuster deal, IMO, because:

- This co sells only non-pc games, as well as hardware. Elbo sells pc games and other non-game software.

- Much of funco's revenue comes from sales of used games, an area elbo is not in, and which is less dependent on new releases.

- Many of their stores are in close proximity to Elbo's and yet they both have been doing very well for some time, so the close proximity does not seem to be too much a problem.

- Seems to me that elbo could acquire fnco and not change their name or anything, but simply capitalize on economies of scale and the non-overlapping aspects, etc.

- IMO, such an acquisition would give elbo a big boost in continuing to stay ahead of such competitors as amzn, etc.

- fnco is smaller than elbo, but earnings and sales growing nicely:

biz.yahoo.com

- And yes, they do have a web site:

funcoland.com

Every night I go out in the backyard and wish upon a star that ELBO will acquire Funco; in fact I gotta go - it's time for my pilgrimage out to the yard!

Victor
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