RawGreed Requests, GME

Posted on November 9, 2005 , filed under Stocks | Print This Post

Jones writes,

What do you think about another video game play (and Jim Cramer favorite) Gamestop?

I believe GME, GameStop Corp. depends on your overall opinion of the interactive game industry. There are many reasons to be bullish about GME. Hardware and software prices are predicted to hit new highs during the next video game console cycle. Demand for new hardware and software is predicted to be strong. I would look at initial sales figures of the XBOX 360 as an indicator of how GME will perform in the short term, 3-6 months. I don’t see much upside left for GME though. The XBOX 360 success may have already been priced into the stock.

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