and on Gamestop, a weak position as predicted by the CEO in the CC
it is not about the sales, it is about the liability to the 3rd party manufacturers to the MOJO and its accessories (GameSmart fiasco) and also liability to retail consumers return
is it pump and dump before the crash? i believe we could see the 10s or 20s?
Pumpers VS CEO words.
they didn't produce few for the holiday season.
with more moving into cloud service subscription, less on big ticket items, PC will come with big screens and tablets will do the job, cheaper and cheaper the hardware.
Chinese also coming, so o think i would buy a PC with a big screen and i could do video conferencing for everyone thru a a cloud service. no need to buy infrastructure
Polycom needs to diversify beyond UC
how many shares you have now and what is your average stock price? 70m 80 or 90?
pumpers, show me one positive after remarks by CEO and CFO, about violation on credit facility and reduction, increased interest rate and lower credit facility + challenging Console transition + MOJO/GameSmart insignificant short term + last Qtr revenue dropped by over 40% + Very low cash left
SO HOW Pumpers selling us the Hype?
with one xbox one product available which is the niche arcade fight stick 7 non i can find for PS4, i believe the CEO knows more than us
companies needs products to capitalize on new consoles, while they put Madcatz money on the MOJO/GameSmart accessories wrong horse
check its ranking on Amazon and Gamestop and you will know without telling
i am just trying to help people to understand the situation short term how series and i hope Mad catz to come out of it
i hope they restructure and find new source of cash and re focus on fewer segments and brands
news just out
taking into consideration that they already bought Nvidia top chip to put in and Memory and other components that must be cost a lot of money
anyone could the experience so i now the Liabilities?
is it 30,000 per item or 40K 0r 100k?
but you didn't read the CEO comments on the CC,.......it is not the financial market but Madcatz Violation due to performance
check out the 5 years chart and you could see that Madcatz historical stock achievement
Short term looks bad, but he is selling to investors the medium to long term potential
one thing he didn't tell us, how Madcatz will survive short term first with very very low cash and challenges on credit facility as the bank is worried about his money......
"We expected fiscal 2014 to be a challenging period due to the upcoming console transition"
" but we remain bullish on the medium to long-term outlook."
"M.O.J.O. is in very early stages, it’s not going to be meaningful here through this holiday.'However, the bad news is, we’re first to market. And as we’ve noticed previously – noted previously, we believe this space is going to be a slow-burn as the software evolves to take advantage of the performance of the leading edge hardware. Short-term, the mobile space is a positioning exercise for an opportunity in its infancy. But we believe it has enormous potential in the medium to long term."