ST Alpha - "I'll predict that whoever buys it will be laughing all the way to Wall St." (Reading a Post)

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In response to "they made a terrible deal for it and it's bleeding money. i'm not surprised...nm" by x

I'll predict that whoever buys it will be laughing all the way to Wall St.

Posted by crash davis (aka crash davis) Nov 12 '10, 08:54

Viacom has to do what Viacom has to do, but I'm sure a lot of the bleeding money was the development costs of interfacing two brand new types of technology. Kinect and the new realistic instrument types used in Rock Band 3.

The development phase is over, and I think that Viacom took the hit on that phase and they aren't interested in hanging around to see the results.

Of course both Dance Central and Rock Band 3 can be huge flops, but they both seem to be ground breaking to me.

I'd take a chance on them with someone else's money.

Responses:

most of the losses recently were more related to huge inventories and the high cost of making cheap plastic instruments.... - x Nov 12, 09:06 3
- who knows, but being over inventoried in q3 might not be a bad thing when you're core business makes money on Xmas sales - crash davis Nov 12, 09:11 2
  - perhaps. any buyer should be *very* careful about the price they're going to pay mostly what i'm saying... - x Nov 12, 09:15 1
    - yeah, I have no idea what they paid. I do think its interesting that they won't wait to see how the new tech plays out, but maybe a sale would take - crash davis Nov 12, 09:21

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I'll predict that whoever buys it will be laughing all the way to Wall St.

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