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Technology Stocks : Electronics Boutique (ELBO) -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (424)7/23/1999 6:36:00 PM
From: Mad2  Read Replies (1) | Respond to of 779
 
Thanks:
BTW I'm not a gamer at all. We had a game device (that a neighbor gave us and I don't even know who made it) in our house for two weeks a couple of years ago and my kids seemed to get addicted to it. I got tired of seeing my kids glued to a TV and gave the thing back to the neighbor. While I don't know much about these things I do know that kids (and adults) seem to like to play them.
Given that newer chips are making them more life like and the population demographics are on the rise for kids and teenagers indicate to me that this isn't a declining market, rather the opposite.
This introduction of the Dreamcast (128bit) will probably do for games and game software what the pentium did for PC's, creating a upgrade cycle of new sales.
I did note today (and the last couple) a healthy amount of buying interest on AUTEX for institutional buying interest.....Prudential's increase in 2nd qtr earnings probably helped a bit. Would like to see ELBO hit the $25/share target.
Best Regards,
Mad2



To: Night Writer who wrote (424)7/24/1999 10:58:00 AM
From: Mad2  Respond to of 779
 
Earnings Release from e-games (below is just the header), mentions new direct relationship with ELBO

Copyright 1999 PR Newswire Association, Inc.
PR Newswire

July 22, 1999, Thursday

SECTION: Financial News

DISTRIBUTION: TO BUSINESS EDITOR

LENGTH: 2169 words

HEADLINE: eGames Announces Fourth Quarter and Year-End 1999 Results; Revenues and Earnings Below Expectations as a Result of Transition to New Distribution Strategy;
Fiscal 4Q Operational Highlights -- eGames enters into direct relationships with CompUSA, Electronics Boutique and Toys R Us -- eGames enters into new distribution relationships with SVG Distribution, Inc., Navarre, Merisel and Beamscope -- eGames Announces Strategic Partnership with ICTV to Bring Games To Cable TV