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"PS2 shortage knock-on effect not nice 8¬(("

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Sat 03/03/01 at 12:27
Regular
Posts: 787
It isn't good folks, although the PS2 may be selling well - it seems as though every analyst was right - there are too many PS2 games on the console compared to the number of consoles. It's kind of the same with the Dreamcast, but this time there are more companies involved.

As an Eidos share owner (I must have been asleep at the time) it's been an awful time watching them slide so heavily - they had £60 shares last December, and now they are just £2. However, there was a 5:1 split so it would be £10. This is still an appaling loss - you thought Sega were having trouble?

So why are Eidos losing SO much money? It could be due to 'er-no's incredible wages as a games tester, but it isn't. Eidos have blamed the PS2 launch debacle and shortages for the losses - Time Splitters - one of the better PS2 games hasn't sold nearly as well as it should have done and so Lara's firm has decided to hold back PS2 games for release until the userbase is higher - sensible, but they should have known. EA sports have found similar problems, as have many others.

That's the problem when the games industry decide that the Sony machine will be the next gen winner before it's even released - you get an onslaught of gaming releases, and hardly anyone buying them.

Oh well - that's whyu everyone is still developing for PC and Playstation - the most lucrative formats, although Final fantasy ONLY sold 50,000 in two weeks over here - that's not even 1% of the PSX userbase in the UK.

Never mind. If you want a good tip for buying shares then go for Eidos - they are at an all time low and can only go up, possibly. With the release of Who Wants to liquify a Millionaire due out on all formats soon, they could be raking in the profits again. Maybe.

Sorry for the news :( I am not a happy person.
Sat 03/03/01 at 14:52
Posts: 0
I'm not best please with this - the PS2 could be the anti-christ of gaming - in that no one is buying the games. However - SSX Pro has sold well. Moto GP looks well placed too.

But too many games - not enough consoles = bad bad bad.
Sat 03/03/01 at 14:39
Regular
Posts: 23,216
Namco has had this problem too... I knew the bad launch would start a chain reaction...

But is it too late? Humm. I'M not even sure on that one...
Sat 03/03/01 at 12:27
Posts: 0
It isn't good folks, although the PS2 may be selling well - it seems as though every analyst was right - there are too many PS2 games on the console compared to the number of consoles. It's kind of the same with the Dreamcast, but this time there are more companies involved.

As an Eidos share owner (I must have been asleep at the time) it's been an awful time watching them slide so heavily - they had £60 shares last December, and now they are just £2. However, there was a 5:1 split so it would be £10. This is still an appaling loss - you thought Sega were having trouble?

So why are Eidos losing SO much money? It could be due to 'er-no's incredible wages as a games tester, but it isn't. Eidos have blamed the PS2 launch debacle and shortages for the losses - Time Splitters - one of the better PS2 games hasn't sold nearly as well as it should have done and so Lara's firm has decided to hold back PS2 games for release until the userbase is higher - sensible, but they should have known. EA sports have found similar problems, as have many others.

That's the problem when the games industry decide that the Sony machine will be the next gen winner before it's even released - you get an onslaught of gaming releases, and hardly anyone buying them.

Oh well - that's whyu everyone is still developing for PC and Playstation - the most lucrative formats, although Final fantasy ONLY sold 50,000 in two weeks over here - that's not even 1% of the PSX userbase in the UK.

Never mind. If you want a good tip for buying shares then go for Eidos - they are at an all time low and can only go up, possibly. With the release of Who Wants to liquify a Millionaire due out on all formats soon, they could be raking in the profits again. Maybe.

Sorry for the news :( I am not a happy person.

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