I may not get another chance to buy in on ERTS. I
was thinking maybe mid 50's sometime in the next 2
months. Anyways here is the new Dreamcast sales totals
FYI. Mwy biggest 3rd party developer for DC but their
earnings have been so inconsistent thats why I went with
AKLM. One big positive for MWY is that Sumner Redstone
has been buying shares. Looks like it could be
�Dreamcast > news > story �
Over 400,000 Sales And
Is there no end to the phenomenal sales of the
Dreamcast in America?
September 17, 1999
Dreamcast now on sale just over one week, Sega America
appropriate to unveil a third set of sales
figures for their newly
released console. In just six
days at retail, the machine has sold over
Of course, Sega Japan is thrilled with the success
of the Dreamcast
launch in America, and was only
too happy to announce it at a press
to the Tokyo Games Show. Alongside Peter Moore at
Shoichiro Irimajiri revealed that the company
is aiming for over one
million sales by
Bearing in mind that Sega originally expected to sell
after four weeks, this really is an
astonishing achievement in itself.
We look forward to
seeing how well the Dreamcast will sell over the
upcoming months, and whether or not Sega will reach its
next goal of one
million units. Whatever you do
kids, don't underestimate the power of
-- Matthew Langan, IGNDC
<<Being the industry leader it may be
justified, but the success of DC gave me reason to
"Hype" is not equal to "success." Currently, they had a
successful launch, but success will be more clear after the
hype dies down. Look at Japan. Imagine, what will
happen if a month from now, people start returning their
DC machines, heh? ERTS has the foresight not to sink
in $$ to make games that nobody wants 6 months from
I saw the review of disappointed DC sales in
Japan too. That's why I'm totally dumbfounded about the
hype I've seen here. This is Sega's last bet and
they've sunk in millions in marketing and advertisements
for DC. But we all know the end is near for them...
it's spelled PSX2.
Here's an excerpt of Japan
sales..."In Japan, where Dreamcast hit stores almost a year
ago, sales are well below expectations. That led
Moody's Investors Service to downgrade Sega's debt rating
last week, saying that "Sega's earnings and cash flow
remain under pressure."
insider trading fro ERTS. I was wondering if you
might point out all of this BUYING you say Riccitiello
Funny, I don't see his name ANYWHERE and this goes back
at least a year! Try doing a little DD before you
spout off at the mouth!
No one is denying that psx11 is superior and I am
not trying to convince any one here to sell their
ERTS shares. It is a great company. My point was that
all the other gaming companies will also benefit from
PSX11 and they also are publishing for DC that is doing
better than expected. EA also sells at a market premium
and industry premium. Being the industry leader it
may be justified, but the success of DC gave me
reason to pause.
To also imply that execs
sometimes do not make miscalculations is laughable. No
doubt he knows more than me or you regarding the
industry but sometimes things happen that surprise even
the brighteset of us. Based on projections from Sega,
analysts etc EA saw it fit not to develop for DC. Well the
expectations have been blown out of the water and the consumer
has had the last word for now.
Sega DC. All you have to do is read the news that
is coming from the Tokyo Game Show. The DC's life
span will be from now till whenever the PSX 2 is
released (IMHO). If you look at the power of the PSX 2 vs
the DC, there is NO comparison. DON'T FORGET. THE
INDUSTRY ANALYSTS RATE THE POWER OF THE DC TO THAT OF A
VOODOO 2. THATS RIGHT A VOODOO 2. As it has been so
aptly put.... "Sega... play yesterdays games today" Do
those of you who feel that EA made a mistake supporting
the DC honestly feel that you know more than John
Riccitiello or the other EA execs? Do you honestly think that
they did not do there research before makeing the
call? In the almost 2 years that Riccitiello has been
with EA, how many shares has he sold? None. How many
has he bought? Many. Do what you what with your
money, I'll keep mine in ERTS.... and wait for PSX 2.
Many of the gaming stocks were not doing too well
less than a year ago and ERTS could take advantage of
the fact that they are the biggest, best known name
and best capitalized company out there. If DC allows
some of thes companies to strenghten themselves in an
area that ERTS is not competing we can expect that
ERTS will se greater competition in the future for the
gamers $$$$. The reason is that game currently cost
$1-$3 million to produce. This cost reduced the amount
of products these weaker firms could develop while
ERTS would pump out a myriad of titles. They will now
have the abilility to fund more development out of
operations going forward. "The enemy of my enemy is my
friend". If ERTS does not come out with DC tiltles before
PSXii then many of their enemies will be strengthened.
Remains to be seen.
him to re-evaluate his position because what he
posted and the conclusions he made didn't seem to jive.
He was saying that there were "hard-core" gamers who
were going to flock to DC but that would not 'hurt'
ERTS AT ALL! Does that sound logical to you? Every
gamer out there only spends so much money in any given
business QTR. If the "hard-core" money is going to DC this
X-Mas doesn't that have the potential to hurt ERTS in
the short term in your mind?
The reason for my
sarcasm is that the answer seems pretty clear to me. I
couldn't see how someone who "knows" the industry can
state DC will not hurt ERTS AT ALL! I also have said
that I still like ERTS long term and I think they will
react according to what is in the best interest for
themselves and therefor their stockholders!
I got the name wrong it is PSX 2, but where did I
say that the release date was "new news" as a matter
of fact I explicitly said "LAST WEEK" in my post (on
the 20th) and the news came out on the 14th. That is
about a WEEK the way I look at it. And yet again you
miss the point!
Do you really want to get into
the ERTS-Nintendo thing? If you do we can get into
the REAL reasons ERTS didn't support the N64 at
launch. For one, a cart game is MUCH more expensive for
the developer (cost of memory and the surcharge to
Nintendo) which makes the profit margin MUCH
Next, the amount I have made on ERTS is MUCH less than
I have made on a few of my other holdings. ERTS is
one of my longer term holds because I understand the
industry. I have made MUCH more money when I got into JBOH
at $2.50 and sold less than a week later for $19. Or
how about having bought VVTV about 16 months ago for
about $3.50 and continue to hold now at $27!
for WCW Revenge giving THQI its recognition and they
are up because of the award they "just" recieved. I
assume you are talking about the "Deloitte & Touche
`Fast 50' Program" they just recieved!? So are you
saying that last months Fortune Magazine article about
being the 3rd fastest growing company in America has
nothing to do with
or their recent commitment to
or being added to the Russel 2000
or having a CEO named Entertainment Entrepreneur of
or signing long-term
Yeah, I guess your right. They are only going up
because of the latest award for being on the "fast 50
list" for Los Angeles based companies! NOT!
for your statement >>>"Now DC has been out
for a while in Japan yet it's a dead issue, I think
Gameboy is outselling it."<<< You are obviously
not aware that even the N64 itself did not do well in
Japan and the GameBoy has been Nintendo of Japans
largest selling game machine for quite some time now!
Nintendo of America has been outselling Japan for quite a
while now in the N64 market as well as in overall
sales. So comparing DC to GameBoy is like comparing
apples to oranges. Nintendo's own "last generation"
console can't even compare to GameBoy! Can you say
"Pokemon"? Or haven't you heard about that?!?!
need to go on? Maybe the reason I don't seem to
understand the "basics" that you do is because your
understanding is PRETTY BASIC!