Besides all the cash and assets and low debt and the 20 plus years of experience, cooking mama the zumba contract, the NBA contract the american Idol contract, lets talk history. Rememeber Midway they did a 10 or what 20 bagger in like a year or two off of mortal combat. THQ blew up with bass fishing, Activision with the guitar hero, way before call of duty was a cult. what about EA. remember they were like 5 bucks back in the day. remember the fat sega cartridges with madden on them. Every company has its time but video games are no fab. were talking kids to there grandparents that play. Majesco will benefit most with the transition pus they have the fitness sector on smash. when the dvd becomes obsolete and consoles evolve again. fitness will be a video game thing or a Microsoft windows lap top kinect thing. plus playstation and microsoft will release new consoles soon. its gonna be crazy. if American idol is done correctly allowing players to compete or even judge with each other like a SOCIAL NETWORK type of thing. it could sell 10 million a year. These guys no what there doing. Wall street is just ignorant to this sector.THINK ABOUT IT. Oh and just to put the icing on the cake. Majesco can blow up just on speculation of leading the way in evolution. kinda like GLUU but we actually generate money. History repeats itself.
Investors and even traders have concept of certain sectors, Video games not being one of them. Gluu is riding the hype Wave of Social Media and Cell Phone gaming. Obviously people own shares of video game stocks but how much do you think they actaully know about these companies. Do they play the games. Do they even care. Anyway As I mentioned Majesco can easily get some Hype like gluu and trade 20X 30x earnings once people find out the company exists. Cant wait till its 250 million so Jim Kramer can discuss it on his show.
Really? making them a 5 million dollar company. Is that what you see. How many publicly traded companies sell 4, 5 million copies of games now a days. have you not noticed how small Majesco is compared to the big boys, yet there still putting up crazy sales figures. hey Im just curious