Sunday, August 06, 2006 12:27:54 PM
MrSparex, take a look at MCZ when you have a chance, the chart is very similar, it has taken a beating due to the rundown to the end of the current console's life cycles, and is in the doldrums still as we transition to the new models (PS-3, x-box 360 etc), I still believe they have a viable business model, if only for another few years, they dropped a licensing agreement last year that was costing them quite a bit of cash, and I believe are positioned somewhat better to do well as Christmas approaches and the new consoles spur the video game buyers again, they recently hit a pretty significant bottom and I am up comfortably from my buys in the low .30's. May be worth a poker bet, especially if they test the lows again, but of course ANY stock this cheap is risky, so caution is again advised, some more DD is needed I believe.
Cheers! Lego
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