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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (2086)5/30/2003 10:22:51 PM
From: JoeinIowa  Read Replies (1) | Respond to of 23958
 
Myron,

Its hard for me to get too excited about the video game companies. Making money on video games has become much more difficult than it once was. The few mega hits like GTA series do very well. Everything else is not doing so well. One of the keys I found was the smaller companies are being squeezed out of the retail market. Shelf space is at a premium with so many titles being out there. The bigger companies demand the best shelf space and get it. The small companies get the bottom shelf if they are lucky. Another thing to consider is the summer months are the real dog days for the video game market. Kids actually get out side occasionally. From the fundamental side they are going to struggle these next quarters and worse case just don't make it. Just my thoughts. I followed the industry very closely for quite a while and realized the smaller companies just are not going to make it ala AKLM which although the price has gone up there is no reason the stock should be worth more than about .05. Plus I have two gamers in the family who I can still impress with my knowledge of new video games coming out. LOL.

Joe



To: freelyhovering who wrote (2086)5/31/2003 1:43:34 PM
From: Sergio H  Read Replies (1) | Respond to of 23958
 
BFUN added @ Monday's opening price.

Myron,fundamentally, the stock has cheap valuations but it bleeds money and has been dropped from the Naz to the Naz Small Cap and is now in danger of being delisted.

Like you, I like the technicals and I think that the technical picture is the best reason to buy this one. Management is going to have to pull out all stops to get the price above a buck.

The chart has muscled through its descending channel and there's no resistance to 2 if the new trend holds up.