Profile: Gyrus
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• • Broke the $3.00 barrier.

  • Originally posted by Azrile
    

    ...

    Seems to me something is wrong..  Why wouldn't someone just pay the 20M for funcom, then take the 36M out the bank (wooohoooo 80% profit in one day) and then collect the 6M every 3 months.

     

    Probably because most companies have ongoing legal and financial obligations they must meet by law.

    Even when you 100% own a company you may not simply withdraw all the cash.
     

    In the case of Funcom - the people who purchased 12 month subs are entitled to 12 months of service - that means that Funcom must continue to operate (if at all possible) and that means wages, salaries, overheads and provision for redundancy payouts must be held in reserve (if possible).

    The only way out of this is to actually go bankrupt.

  • Posted: 12/02/08 12:30 PM
    Age of Conan
• • Broke the $3.00 barrier.

  • Originally posted by Scaredgirl
    

    Originally posted by hawaiiman
    

    well... if people havent noticed all stocks are going down so it really isnt fair to judge that atm because the econmony as a whole is in a bad shape.

     

    It's funny how average gamers come here and act like they understand economics . "I heard on the news that world economy is in trouble so that must be the reason why FC stock went down!".

    Really?  Damn.

     

    I thought it was the other way around...

  • Posted: 12/01/08 11:33 AM
    Age of Conan
• • Broke the $3.00 barrier.

  • Originally posted by hawaiiman
    

    well... if people havent noticed all stocks are going down so it really isnt fair to judge that atm because the econmony as a whole is in a bad shape.

    Oh please!  Stop with this rubbish.

    http://www.reuters.com/finance/stocks/overview?symbol=FUNCOM.OL

    Now go to the charts section:
    http://www.reuters.com/finance/stocks/chart?symbol=FUNCOM.OL
    and go to the "compare" tab.

    Funcom stock price has done badly even in the current market.  IIRC it has out performed 3-month T-bills.  That's about it.
     

     

  • Posted: 11/30/08 11:39 PM
    Age of Conan
• • No MMOWTF awards this year?

  • Well, I was going to suggest that there were other nominees like PotBS for poor marketing (the non-existant Spanish release?) but that was Platform Publishing (SOE)...

  • Posted: 11/28/08 9:20 PM
    General Discussion
• • How many times have you had your fingers burned by new MMO's? (Poll)

  • Originally posted by Xasapis
    

    How many times have you tested food that you eventually didn't like? Would you rather not test that food and possibly miss a flavour that you may have loved? Would you take the word of some other person to influence you regarding your liking or not that particular food?

    How much different is this in MMO case?

    Eaten a lot of pooh lately have you?

     

    I have never eaten Dog pooh, horse pooh, monkey pooh, cat pooh, chicken pooh... you get the idea.

    Why?  Because other people tell me it tastes like pooh and is not good for me.  I trust their reviews.

  • Posted: 11/28/08 12:11 PM
    General Discussion