Madden"the sky is falling" drools may always be negative, and there's nothing wrong with that; he's entitled to put in his two sense. Most of waht he says has some basis-its just that he always draws the most negative conclusion form any thing that happens to the company. The key is what other readers do with the info, and I think everybody who is at least a semi-regular poster knows what is agenda is.The proof is in the pudding though; since earnings came out and though he is doing some ranting and raving, the stock has gone from 5 1/2 to 10+. I think the trading today is part of the recent big buying with people who want to position before T2 is released-this may be fantasizing on my part, but I think once people see the hi-res graphics, the new weapons, and the dinosaurs, a lot of attention will focus on aklm-guess we'll see over the next few weeks. It looks like the last 5 minutes of trading today was about 34,000 bought on the offer at 9 5/8, and 1000 sold at the bid. Stock should open okay tomorrow, but who knows? I've been playing Zelda and am curious about when your in the room with the plant shooting nuts at you -how do you bounce them back? Tried using the shield and the sticks like a baseball bat-no luck. It looks like a great game, but if I could choose only one game, it would be Turok2.
>>Visited several EBs and Kay Bees this weekend. NBA Jam and NHL Breakaway are on the shelves. Good news is that no one bought them. The shelves are also fully packed with QBCs, Warzones and Extreme Gs. <<
I like to do channel checks because I can see for myself that a game is OUT. It is hard to tell by looking at the shelves how the game is selling or not, unless you ask someone that works there. For example, how do you know they didn't restock right before you got there?
I went out checking today at Toys R Us. To me, it seemed like they probably were keeping the shelves full, as no one game seemed to have a lot of copies missing. The only glaring exception was for Zelda. Yes, it is obvious that a game is doing well if it there are none to be bought, but it also represents mismanagement - not anticipating and meeting demand.
I'm sure if T2 were to immediately sell out, you would be the first to point out that they are losing money by missing potential sales while the shelves are bare.
The entire time you were hitting AKLM for missing getting out QBC on time, I went to stores and saw LOTS of Madden on shelves. I guess that was bad for ERTS, too, by the same logic.
I don't know about KayBee's where you live, but here they only have 2-3 copies out at a time, in a glass case behind the counter. In that case, there is NO way to even begin to see how the game is selling.
Thanks for your observations. It is a good data point, by that's about it. The same goes for my channel checks - they mean nothing except proof that the game is out, and whether it has sold out or not.
Anyone here who works in retail, speak up and let us know what is REALLY going on! --j