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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (7580)8/9/1998 2:20:00 AM
From: JKraft  Respond to of 29382
 
Jim,

This is my core now! I'm very attached it and wish I had more! The franchise that is expanding makes very good business sense and the biotech developments and possibilities are awesome! These seeds have not been genetically improved and are ready for expansion, too! (To become more enhanced food for cattle, etc., and to become more disease and pest resistant, not to mention stunting the growth to eliminate mowing! Grass is used all over our planet. The need is as basic as that of technology such as telecommunications. I like it!

:)

Joanie



To: James Strauss who wrote (7580)8/11/1998 7:32:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Jim, I'm in no buying mood but Sony's and Nintendo's news is something to put away for a better day. Sales of their game players will result in increased sales of games. Hmmmmmm........

<Sony, Nintendo Sales Soar After Price Cuts
(08/11/98; 9:58 a.m. ET)
By Kristen Kenedy, Computer Retail Week

Sales of video-game systems have nearly doubled in the two months since the Nintendo 64 and Sony's PlayStation 5000 series assumed a lower price.

According to figures from The NPD Group, in Port Washington, N.Y., unit sales of Sony and Nintendo's video-game systems increased almost 100 percent from May to June. Analysts said the PlayStation continues to outsell N64 by about 2-to-1. Each manufacturer dropped its system's suggested retail price from $149 to $129 in early June.

Since the price change, PlayStation hardware and software sales have increased by 30 percent to 100 percent, depending on the week, said Jack Tretton, vice president of sales at Sony Computer Entertainment of America. "The numbers are very, very hot for what would normally be about the slowest time of the year," Tretton said.

Retailers report greater video-game sales, too. "I'd say we have seen a 25 percent to 50 percent increase," said a sales associate for a video-game store in Stockton, Calif. The price cut jump-started stalled N64 sales, he said, but PlayStation benefited the most.

"We've completely sold out of the 5000 series," the sales associate said.

At publishing deadline time, there were about 200,000 unsold 5000 series units, Tretton said. Nintendo officials declined to comment.

At the Electronic Entertainment Expo in May, Sony said it would include the Dual Shock Analog Controller, a force-feedback gamepad, in the PlayStation 7000 for a $149 suggested retail price. The 5000 series systems, which include a standard digital controller, were marked down to $129. Following suit, Nintendo of America lowered the N64's SRP to $129, calling it a "temporary" reduction that would last through September. Despite the cuts, both companies continued their minimum advertised price (MAP) of $149.

Nintendo has since reduced its MAP to $129, fueling speculation that the price move is a permanent one, retailers said.

Tretton said Sony's $149 MAP policy will stay in effect for all PlayStation systems, but he said a price change this fall for the 7000 series is possible. <Picture: TW>