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To: H James Morris who wrote (106098)7/14/2000 12:00:21 AM
From: Victor Lazlo  Respond to of 164684
 
Hey HJ you can still look for an entry point on rmbs. I think it may pull back around earnings time, and then if the shorts get brave again, it could go down further, only to set the stage for another short squeeze.
Victor

2 rmbs chips in ea PS2.

Early U.S. buyers may pay premium for PlayStation2
By Bloomberg News
July 13, 2000, 11:25 a.m. PT
DENVER--Sony's PlayStation2 video game console may cost some consumers more than expected when it's introduced in the United States on Oct. 26.

Denver-based KBkids.com, an online toy retailer controlled by Consolidated Stores, is selling the system for $330 for people who want to reserve a copy prior to release. That's 10 percent more than Sony's suggested price of $300.
Sony expects to ship 3 million units of the PlayStation2 in the United States by March 31. The device, which features advanced graphics and can play DVD movies, is the successor to the best-selling PlayStation, which has sold more than 70 million units.

"It's going to be a big product," said David Schick, an analyst with Robinson-Humphrey.

Highly awaited consumer electronics devices sometimes command premium prices as demand rises to a fever pitch, he said. Schick expects the average retail price to remain steady at $300 once the PlayStation2 becomes widely available.
KBkids.com and Sony executives weren't immediately available for comment.