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Gloube

Gloube
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  • A jury convicts Texas financier Allen Stanford on 13 of 14 charges for operating a $7.1B Ponzi scheme.  [View news story]
    This is so 2008, what a loser
    Mar 6 02:52 PM | Likes Like |Link to Comment
  • ICSC Retail Store Sales: -2% W/W, vs. +1.8% last week. +2.8% Y/Y, vs. +3.5% last week. "Unseasonably mild temperatures hurt demand for cold-weather goods and pulled down store sales".  [View news story]
    THE RENT IS TOO DAMN HIGH
    Feb 14 12:10 PM | 2 Likes Like |Link to Comment
  • Jive Software (JIVE +7.5%) becomes the latest company to get a boost from the Facebook IPO hype cycle, surging after quotes in a weekend Barron's article compared the two companies. That Facebook runs a consumer social networking platform, and Jive provides software for building enterprise social networking sites, seems to have been overlooked. (previously)  [View news story]
    This is seriously getting ridiculous.
    Feb 13 02:05 PM | Likes Like |Link to Comment
  • Electronic Arts (EA), whose Facebook release of The Sims Social has been well-received, is now partnering with Tencent (TCEHY.PK) to bring the game to China, courtesy of Tencent's popular QZone social networking platform. EA has already stepped up its efforts to support China's mobile gaming market.  [View news story]
    Is there any publicly available market sizing of the social/mobile gaming industry? We're reading everywhere that it's the future, bla bla bla, but how big is it in reality?
    Feb 13 11:45 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Are you seriously comparing Greece to the U.S.?
    Feb 13 07:55 AM | 6 Likes Like |Link to Comment
  • Activision (ATVI -2.7%), which moved lower in spite of a decent Q4 report (NPD's data may have played a role), says it wants to keep taking risks when it comes to game development. CEO Eric Hirshberg points to the success of Skylanders, which melds physical toys with a console game, as an example of risk-taking paying off. Along those lines, Hirshberg boasts the next version of Call of Duty will revolutionize the franchise.  [View news story]
    You should keep in mind three things:
    (i) your opinion on ATVI is certainly biased because you play their games and think they're the best
    (ii) the underlying market (video games for PC and to a lesser extent consoles) has been declining for the past 2-3 years
    (iii) ATVI is owned in majority by Vivendi, so you have to include that when pricing the stock

    In my biased opinion, I think ATVI and especially Blizzard makes the best fucking games in the world but analysts and press know nothing about video games and think smartphones are stealing their market shares. You just have to wait for ATVI to announce a new MMORPG and stupid analysts and press will think "it's the new WoW so i should raise my target price". While in fact the truth is: ATVI has the best games developers and the best franchises in the world and there is no way in the universe that their future releases won't work.

    My 2 cents.
    Feb 13 05:30 AM | 3 Likes Like |Link to Comment
  • The Zynga Math: After hearing that the social game maker accounts for 12% of Facebook's revenue, investors run up shares of Zynga (ZNGA) 19.2% on a justification that yesterday's market cap of $8.94B could be a little light if Facebook goes public with a valuation close to $100B. [View news story]
    To all the people who argue that FB is overvalued at $100B, how do you justify this? Obviously the market is ready to price FB that high, else Zynga's shares wouldn't have surged like that.
    Feb 2 11:00 AM | Likes Like |Link to Comment
  • Facebook is expected to file preliminary paperwork for a $5B IPO on Wednesday morning, reports IFR, citing sources close to the deal. Morgan Stanley (MS) will get the lead underwriting role, with Goldman Sachs, Bank of America, Barclays, and JPMorgan also part of the syndicate.  [View news story]
    Thanks for your answer
    Feb 2 08:38 AM | Likes Like |Link to Comment
  • Facebook is expected to file preliminary paperwork for a $5B IPO on Wednesday morning, reports IFR, citing sources close to the deal. Morgan Stanley (MS) will get the lead underwriting role, with Goldman Sachs, Bank of America, Barclays, and JPMorgan also part of the syndicate.  [View news story]
    Interesting post, thanks. Three questions:

    (i) What do you mean, they "owe" money to venture capital groups? How did these groups invest in FB? Was it equity, debt or something in between? If it is pure equity I don't understand how they would "owe" them anything

    (ii) What is the problem of doing an IPO to pay back debt? What does it change in the picture for new investors?

    (iii) "Short sellers, knowing that the Underwriter is overextended, and will buy shares at a inflated price". Shouldn't they sell rather than buy shares at inflated price in order to take advantage of the price decline?

    Thanks.
    Feb 1 04:21 AM | Likes Like |Link to Comment
  • 5 Blue Chips For Steady Retirement Profits [View article]
    Tech & Pharma for retirement? Why not chose industries with lower betas ?
    Jan 27 06:35 AM | Likes Like |Link to Comment
  • Some of Dean Takahashi's game industry predictions for 2012: Activision's (ATVI) World of Warcraft will continue declining; cloud services such as OnLive will gain ground; new platforms such as Google+ (GOOG) and Windows Phone will have an impact; Zynga (ZNGA) will feel pressured to boost user monetization through advertising; and Sony (SNE) and Microsoft (MSFT) will wait until 2013 to release new consoles.  [View news story]
    The prediction on World on Warcraft is irrelevant:
    - it gives the impression that ATVI will suffer from this loss while it is just the normal life cycle of a product coming to an end. A comparable prediction would be: "Apple's iPhone 3GS will continue declining". Useless statement.
    - as the life cycle of World of Warcraft approaches its end, a new MMORPG (codename "Titan") will be released by ATVI as its successor (possibly 2012-2013)
    - ATVI has other great products in its pipeline for 2012, including much anticipated "Diablo III" and possibly Starcraft II extension
    Jan 4 08:31 AM | Likes Like |Link to Comment
  • French President Sarkozy, in DC for a White House visit, has slightly nicer things to say about the dollar, calling it the world's "number one currency," adding he remains interested in "new ideas," an allusion to comments  made last week.  [View news story]
    FYI, Sarkozy is the French President and not the PM. Who doesn't know that, seriously?
    Jan 10 05:41 PM | 2 Likes Like |Link to Comment
  • Futures move lower after North Korea attacks South Korea. At least 200 rounds of artillery hit the South Korean island of Yeonpyeong, killing one soldier, and wounding 14 soldiers and one civilian (Yonhap, CNN, Reuters, WSJ, live video). S&P -0.9% to 1188. Euro -0.4% vs. dollar. Jan. crude -0.5% to $81.29.  [View news story]
    War involving North Korea would certainly mean use of nuclear weapons, hence this might turn out to be the best bullish bet of the century if war does indeed happen.
    Nov 23 06:51 AM | Likes Like |Link to Comment
  • Microsoft's (MSFT -0.3%) Bing climbs to second place among U.S. search services, passing Yahoo (YHOO) and trailing only Google (GOOG), a Nielsen report says. Bing sported a 13.9% share of search volume in August, compared to Yahoo’s 13.1% - both far behind Google at 65.8%.  [View news story]
    And what is the reason behind Bing's free services?
    Sep 14 02:46 PM | 2 Likes Like |Link to Comment
  • Zynga‚Äôs FarmVille May Change Video Game Economics [View article]
    I agree with the title of the article but not with the content. Farmville and other browser-based games (which is what we are talking about) will only serve the rebirth of the console and pc games.

    From all points of views, FarmVille is a bad game: not competitive (I'm talking about a real competition feeling, e.g. Counter Strike, Starcraft...), low graphics (enough to make it slow though), no captivating universe... It only owes its success to Facebook and to its simplicity (not to say to its lack of features).

    However, FarmVille is an exception and several game producers have managed to release browser-based games that are actually good (see Armorgames, Kongregate, Ninjakiwi...) and are experiencing a growing success.

    That being said, browser-based games will not steal customers from PC or consoles, for the simple reason that playing while browsing is not convenient enough yet (slowness, crashes, bandwitdh limitation...). On the contrary it will make non-gamers realize that gaming can be fun even if you are not a "hardcore player" and will make them want to try a "real" game (I'm speaking about PC or console game).

    All in all, browser-based games will continue to grow and PC and console games will begin to grow again. Not because they steal each other customers but because they create new customers (as you said, you weren't a gamer before playing Farmville, now that you are one, why don't you try a real game?)
    May 20 09:45 AM | 1 Like Like |Link to Comment
COMMENTS STATS
104 Comments
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