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.
Gold/Mining/Energy : Games Trader
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mr. ed who wrote (177)4/9/1999 1:24:00 PM
From: Professor Dotcomm  Read Replies (1) of 1239
 
Good points you raise. I am still a week or so from finishing my DD but there is already enough to be able to say that, no, this is not a hype of an e-commerce wannabee.

I know GTR is Y2K compliant but you've got me on whether the reissued games are. I'll get back to you later on that. The other two points (what they sell and the internet are closely interrelated).

GTR is now the largest North American independent distributor of previously played video games. Don't laugh. As I've said elsewhere, video games now are bigger than the entire movie and music industries combined and reissued video games, as I've said are analogous to paperbacks and hardbacks. It is still a small fraction of the new market but it is growing fast.

Internet will help them because GTR buys video games from individuals and stores, refurbish them and sell them back to major discount chains who rack them and sell them at about 30-35% cost of newly issued games. An interactive e.commerce site will be dealing with computer literate people and not with, for example, elderly bingo players or with those who like to go to auctions. Also the site visitors will be able to sell their own games to GTR as well as buying those they haven't played.

If you have seen kids with video games you will have seen a world of which we are only dimly aware!

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