Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wick I don't think you need to do anything. You seem to be doing just fine. I would not recalibrate anything, but maybe hit the scotch and cigars a little more.
By the way they just opened up the keg at work and I'm going back for thirds.
The only downside is I have to drive home so I will be cutting myself off shortly...But when I get home....
Not trying to call you out...but lately you have called just about all the PRs.
No big deal as this is not the big PR and that is what we are all waiting for.
Wick I think the PR even caught you by surprise
Yep gametap only offers older games. I think games going back to the first generation nintendo and sega. They don't touch any games in the last 5-7 years (maybe longer).
They are advertising a lot. I just saw an add on CNN. I was looking at it and I might sign up for the two month trial to play some.
I don't think they are a big competitor to us unless they start getting newer games.
I see south is closer to Austin, North closer to Dallas.
Next time pres bush is down there tell him to buy some GZFX
You must have some land
But their hearts are always in Kentucky and Tennessee
Ahh the swedes. Nothing wrong with that.
Someday wick. I will bring the stogies and the 18 yr scotch.
By the way you are not far from me since I live in Dallas.
My apologies Wick, I could not help myself. Might be the blanton's and cigar I had after work.
Wick are you sending some subliminal messages again.
Dang it, how do you find this stuff out?
I was searching around for a long time last night and found nothing about this. I guess you must know the queen. She is a lovely.
I'm not sure of the GZFX philosophy but if I'm running this company I go after the gamers. It is easier to take on gamefly and other game rental companies then it is to take on NFLX and BBI. Once you get a decent subscriber base you can start to focus on NFLX. The once positive we have is games and price, but if you want to rent just movies online NFLX will beat GZFX on selection and delivery. Plus, NFLX is advertising everywhere right now. We need to get a good base of gamers and I do think we could get a good base of 30K subs just rent games or doing a combo, but are primarly gamers. Then focus on getting the movie renters. You can talk all you want about us being cheaper than NFLX, but people will say you get what you pay for and the movie selections are not up to par. I'm talking indies and other hard to find movies. Therefore, build I say build the company through gamers.
Wick,
Were they accepting of this idea?
I know if I was younger (oh to be younger) and still gaming GZFX would be a no brainer. They just have to figure out how to reach the gamers.
Of course I agree. I want as many subs as possible, but at some point they need to stop and focusing on breakeven. It will be tough to breakeven if you have many subs with the $250 and few paying the monthly dues.
I agree the new website is better, but I hope they are still working on the search feature and new movie categories. The crack IT team needs to continue to focus on updates. Also, what they recommended is not even close. I was renting an old John Wayne movie and it was saying that I should also rent Hostile. Not quite the same type of movie.
Wick...I have been reading gamer forums and the posts that focus on renting. Awareness for GZFX is growing. Some posts were bad from June regarding sending out movies, but quite a few good. I had a group I worked with that read those gamer forums. I even have posted on the forums regarding GZFX even though I don't play games (wife has a strict gaming policy as I get slightly addicted). I really think that word of mouth on those forums can add a lot of subs. Those on the east coast were complaining about the slow delivery times of Gamefly.
Prof.
Interesting...I missed that post and I usually read Xan's. He must have posted that at 3am since he likes to stay up late watching movies on his computer.
I heard from Wick that gamefly is rumored to have 50K in subs. We should steal most of those since we are such a better deal and offer movies.
I'm hoping they stop offering that 6 out plan soon. It is such a deal, but I don't see how it can be profitable.
I have been doing some DD on gamer forums and GZFX is mentioned. The only problem is that some have had a negative experience. There are some postive posts regarding the service and the gamers all say the deal GZFX offers is great. If look at my posts you will see a link to a gamer forum. If our service and selection improves and people take notice we will be fine.
The biggest issue for GZFX related to gamers is taking on gamefly. They are based in LA with one DC in LA. Once GZFX gets a better DC in SoCal we can start to challenge them. I do think gamers on the east coast are more willing to switch since gamefly only has the once DC in LA. GZFX is such a better deal than Gamefly.
I do think the best way right now to grow is through gaming and I think JF and Chip are focused on this since they have been advertising on gaming sights. Once we get the gamers we can start building the movie inventory and go after the movie goers.
Hey, at least you have message rings. Have you given one of those to JF yet with a nice POSITIVE message.
The only thing going for me is have I have time to wait...I'm 31 and will wait for the rise, but with this thing time is slipping away and I wish I had my time and money. I hope I don't get to the mummy state waiting for the rise.
Frankie that is all the humor I got with the PPS in the toilet. I have been holding since april 2004 and been buying since. I think you and I have the same thought process about this stock.
Your posts crack me up because a) you have been here forever, b) you speak your mind about JF and GZFX.
Frankie, with your negativity and complaining you have to be from the east coast, right?
I work with some NYers, and you sound just like them.
Just remember someday we will PR something. Hopefully we will get our money back.
Until then we all should just go fishing.
Some positive feedback from gamers:
http://forums.xbox.com/5309198/ShowPost.aspx
Hopefully we can start to satisfy more that post on these forums.
I have run the numbers with costs in there for subs. I still believe it will be achieved. I don't think 15K is the number. I believe it is closer to 30-40K. With all the subs out there for Gamefly, netflix and BBI I think we can get to this number. We should steal all of Gamefly's customers we are a way better deal.
I disagree with your best hope scenario.
I think best hope is we get to a point where we do not have to dilute more than a few million here and there. I know I know...I'm being a pumper, but going over the numbers we should reach breakeven by the 4th Q 2006 or 1st Q 2007. If we get to that without much dilution and we get a few PRs the PPS will go sky high. If JF really wants to reward the shareholders we get to breakeven and he annouces a small share buy back. Then we would explode. Anything that shows the sharecount is stable or being reduced and I see a lot of investors coming back to this stock. That is best hope.
Biggest struggle is breakeven. Once there we have a lot of options (expansion, buyback, merger) and then the heat will be on JF to deliver for the investors.
Why not sell your shares now?
If you truly believe we are going lower does it not make sense to sell now and take your funds to the fight club.
Good luck with all that.
What is interesting is that should cover JF and Chip's salaries for the year.
Rhino,
I ran the numbers as well and I think we need more than 15K but well less than 250K. You are right that expenses are the key figure and we will know a lot more after this Q. My feeling is the expenses will go down after the 2nd Q. They will not stay this high as we are in ramp up mode on inventory, we paid consultants to redesign the website in the 1st Q and we are opening DCs.
Wick has been saying around 20K for breakeven, I think it is more around 40-50K. For GZFX to achieve breakeven this year I think we need 150K to make up for the high expenses and lack of revenue for the first two quarters.
Now is the time to focus on expense containment. Someone mentioned JF was a CPA. He really needs to focus on trying to keep expenses low while growing the business. If not we all know the 25B A/S will come into play and we are all screwed.
Another x factor are the books, audio and commericals on GNFTV. Not sure about revs or expenses.
you got that right. I have wanted to tell all the NFLXers in Dallas about GZFX but I have been waiting for better turnaround times. Currently the NFLXers are getting 1-2 day turnaround. If I get that I will be screaming it to all my co-workers, friends and family.
Yea, I'm not positive, but I have tried sending two back about three times and everytime only one was scanned. I sent one back yesterday and it was scanned and removed yesterday. I sent one back today and we will see if it is scanned in today, but in the past it has worked out for me to just send one at a time back.
I think that is GZFX's way of throttling. Whenever I have sent two movies back only one gets scanned immediately. Therefore, if I have two done I send one a day and they both get scanned. My thinking is that this is done on purpose to slow the delivery time. This is just my theory and not proven.
Very funny.
Drinking
Have been
Because I
Posts
These
All