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GameStop Corp. Message Board

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  • jesterbunk jesterbunk May 25, 2011 11:54 AM Flag

    DeMatteo rates GME a SELL

    I agree.

    In late 2008 DeMatteo said this re digital:

    "The software publishers are afraid to death of piracy. Once a full game is lying on a hard drive, there's the potential for piracy. Aside from the games, the bandwidth, etc., our studies have concluded that the network won't be in place to do digital distribution of full games until 2020 to 2025."

    So was he right then, and when he sold 200K this week? Or was he right when he signed off on selling investors a digital growth strategy banking on 900% growth by 2014?

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