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Author: MarkInAusTx One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 216  
Subject: Re: Wanted: Sound unemotional advice for GME Date: 7/3/2008 1:26 PM
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"Strong financials aside, doesn't basic logic suggest the depth and outlook of the R-word (you know, the one that isn't here) will only continue to negatively affect consumer confidence and spending? Especially among teens and families who have less disposable income on entertainment?"

As a GME shareholder and avid video game player, I'll share my perspective and I feel it is unemotional. As you mention, GME has strong financials and despite the apparent recession, GME continues to look strong especially for the long term. The video game industry continues to grow and teens who may have less disposable income will prefer to buy a game that will provide 20+ hours of entertainment than go to the movies for a 2 hour experience. Box office sales have already seen declines over the last few years.

"Hold? Lock in profit and sit on sidelines w/ cash? Free up cash by selling something else and double down on GME b/c a great buy opportunity?"

I'm personally holding. If I had a major laggard in my portfolio that I was ready to cut loose, I'd consider selling and buying more GME. I think the market is beating up GME without factual merit. This appears to be a great value play to me.

In the end, your goals and risk tolerance should dictate your decision. I think video games can be a reasonable escape from rough times for many people and teens aren't the only ones who play games anymore. I'm 30 and the father of two toddlers, my escape each night is a little Xbox 360, Wii or a computer game...
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