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Author:

Jam ok

Subject:

Off Topic

Date:

01/30/18 at 6:23 PM CST

 

 

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Reply to:

MSG`#4607,`01/30/18
By Jester Debunker

 

Re: EA up to new all-time high

Jester,

I find that interesting - and puzzling. I've found that with my stocks that fail to meet expectations, the punishment is usually outsized (ouch!). There are market 'darlings' that get the benefit of some fairly significant doubts (INTC might be considered that - altho one could argue that in addition to blowout earnings, the fact that 47% of revs came from datacenter, it's some figure-based proof that their vital needs to diverisfy away from pc-centric business is working - still, a 10% rise in a company of that size in one day? And, as an aside, that Microsoft is doing it's usually bumbling job - they can't produce decent products and software until they've failed at it 3 times - the patches for the security vulnerabilities seem to be no different so far - were the first patches named 'Vista', or something like that?)  

I'd think that in the general market, both that barriers to entry in sophisticated games are higher than ever, the games market is probably viewed as unlimited growth, and the huge inflation of vg makers - even in relation to the general market, would be my guess as to why EA seems to be getting a pass+ from the market. I don't own any vg currently, for lack of a finger on the pulse, But even though you've got yours on it, it must be a lot like trying to figure out what the market will go next - with valuations so inflated, beyond all expectation - that's a really hard task. 

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