Chris Lau

GameStop: Digital Downloading Threat Is Overblown

There are merits in being contrarian when assessing digital downloading versus GME used game sales. The only thing that really matters is the sales volume at GME stores. Digital downloading buzz, when it pushes down stock price, makes GME even more attractive a purchase. But again, this is best done when evidence continues to support strong sales for the used game market.

GameStop: Margin of Safety Is Attractive at Current Prices

matttz, could you elaborate on your claim GME does not take used game? This is completely incorrect: it's the cornerstone of its business and a reason why it is so attractive during "recessionary" times.

Used-game sales were up 32%, with sales at $549 million. This is +19%, +31% on a quarter to quarter comparison.

Think Gamestop Is Recession-Proof? Think Again

Do you believe GME will be able to deliver on their EPS forecast? It's trading at a mere 8x and mgt. appears to suggest hardware prices will fall. I don't see that happening though.