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GameStop Corp. Message Board

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  • dolsher dolsher Dec 10, 2009 7:55 PM Flag

    Superb month over month gains

    It would have been impossible to beat the numbers on the hardware side considering the prices on hardware have been lowered by 25% or more. As for software, 3% decline is no biggie in my opinion, again, many prices were lowered here as well. We are in a major recession, these numbers ain't that bad my friends! Although the market has not been driven by fundamentals anytime recently, this stock seems to have bottomed out. This time next year will be a different story. It's hard to believe the stock is where it is at the moment. In March when the market crashed and business stunk the stock was in the mid 20's!
    As for the digital distribution argument, the publishers will not be selling everything direct, they are in the business of producing games, not selling them. They will use a Gamestop or someone else I would argue. Plus, as technology improves the games will be even LARGER and more difficult to download easily. Stay strong!

26.65-0.47(-1.73%)4:01 PMEST