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 Thread (28 posts)
hobo9766  11/18/08 9:07:34 AM

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$3.12 a share today and falling. You get where this is going.

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kazson  11/18/08 10:09:29 AM

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so AMD and GM are going to be gone by Xmas too? since there stocks are lower than Funcoms?

or do you just not know wtf you are talking about? im going with the latter.

 

 
blackwolf082  11/18/08 11:13:35 AM

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wish people would stop pull carp out of there ass and stop acting as if they can see the future or something

blackwolf082 Xfire Miniprofile
openedge1  11/18/08 11:36:23 AM

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The only issue with Funcom compared to AMD, etc, is the fact that revenue for AMD is considerably HIGHER than Funcoms MMO's.

I do agree that discussing Funcoms demise is premature. But, if they cannot convince people to come back, then funds will eventually dry up.

Here is wishing them luck.

Dichotomy of the Gamer
http://simple-n-complex.blogspot.com/
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Greyhooff  11/18/08 12:00:14 PM

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While AOC's stock price is at an all-time low that can mean 2 things:

- The company is smaller and expecting smaller things in the future

- The company is going bust

- A combination of the above

There's no real certainty until after the fact :)

 
silmaril  11/18/08 12:30:27 PM

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The share price reflects what investors is guessing about the future, and is not some absolute truth about what will happen with a company. As we've seen during the past months, the average professional investor is about as good at that estimation as my pair of dice.

AoC has had a disappointing 6 months and FC has been hit hard by that. The stock was absurdly high earlier this year around release, and since the FC stock is traded by even more people without a clue than most stocks (since your average Gaming Joe wants his 100 shares), it is also hit harder now. Of course it is possible that the company can go bust in a few months (how many would have bet their money on all those bank going bankerupt a year ago), but the current AoC subscription base is likely to let them continue development until release of their next games.

 
Rehmes  11/18/08 12:36:26 PM

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"Si Vis Pacem Para Bellum"

Originally posted by hobo9766

$3.12 a share today and falling. You get where this is going.

 

Yes, this is going in the direction of another "i am a stock market analyst pay attention to me" post.

I dont play AoC, dont really care for it, but stock price is not a good indication of where a company is headed during a world-wide economic recession. Get damn clue, there are massive corporations around the world that have dropped up to 90% in stock prices and are projected to stay alive by cutting some jobs and downsizing. I suspect FC will follow suit.

Until FC goes bankrupt or AoC closes down STFU and play something you like instead of wasting time on the forums posting Bullshit.

 
arimer  11/18/08 1:23:52 PM

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Man It's been a while since we've had one of these dumb threads.

 
Brueskie  11/18/08 2:59:38 PM

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With the worldwide financial troubles sapping people's disposable income, what will be the first spending luxuries folks drop? I would say video games that cost a monthly fee to play will be among the first to go. World of Warcraft and maybe a couple of others will be the only ones to survive if things get much worse. Tiny companies like FC that are struggling as it is won't have a prayer.

 
arimer  11/18/08 3:12:23 PM

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Originally posted by Brueskie

With the worldwide financial troubles sapping people's disposable income, what will be the first spending luxuries folks drop? I would say video games that cost a monthly fee to play will be among the first to go. World of Warcraft and maybe a couple of others will be the only ones to survive if things get much worse. Tiny companies like FC that are struggling as it is won't have a prayer.


 

In most cases my opinion would be those would be some of the last things cancelled.  Think about it 15 bucks for a month of entertianment whereas movies for 2 are 15 bucks for 2 hours.

 
noggy1980  11/18/08 3:15:10 PM

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Originally posted by Brueskie

With the worldwide financial troubles sapping people's disposable income, what will be the first spending luxuries folks drop? I would say video games that cost a monthly fee to play will be among the first to go. World of Warcraft and maybe a couple of others will be the only ones to survive if things get much worse. Tiny companies like FC that are struggling as it is won't have a prayer.


 

Cheap entertainment like computer game subs weather the financial troubles with no problem in the same way that cheap food places like mcdonalds do well. $15 for a months entertainment looks very attractive when times are hard. Funcoms sub losses have nothing to do with people struggling money wise and everything to do with the product and the companys actions.

 
arkady09  11/18/08 4:28:13 PM