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The Angry Guild Leader

I'm the guild leader, and I'm pissed. Read what possibly goes on in your guild leader's mind. I shoot the truth, and I shoot it straight. If you can't handle it, then My Little Pony Online is taking beta applications.

Author: Equilibrium_JW

Ding Dong, the Conan's Dead...

Posted by Equilibrium_JW Wednesday August 13 2008 at 1:07PM
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Well, I wouldn't quite say dead. Even Anarchy Online is still around after one of the most abysmal launches of MMOG history. I am sure that AOC will stick around for some time to come; like so many others, it will remain a dirty corked bottle in the ocean of battling online games.

But, ladies and germs, the proof is in the pudding. Funcom's value since the release of AOC has all but plummeted. The stock, which hit a high of 54 USD on launch day, has dwindled into the low 20s. This is only $3 more than the stock was worth before Conan. What does this mean? It means that the investors have gotten their money back (and I would guess substantially more), and they are running like screaming bitches.  They no longer see this game as retaining any sort of longevity, let alone high subs. The indestructible titan of MMORPGs Age of Conan is not.

Even as trolls, flamers, and fanboys continue to bolster, with little or no success, people need only look at the stock prices. You and I can only go by what employees of Funcom or the blinded say in forums. While that may be the case, these stock prices are nearly as good as DNA evidence in a murder trial when it comes to what is transpiring at Funcom.

 

Read the rest at www.angryguildleader.com

Ascension08 writes:

I do enjoy pudding. However what matters is if you have fun playing it...that's what part of me thinks. The other part of me seriously questions why you'd give money to a company such as Funcom. But that's just personal choice. Alot of people still like the game, amazingly...

Wed Aug 13 2008 2:30PM Report
MacScarfe writes:

While that may be the case, these stock prices are nearly as good as DNA evidence in a murder trial when it comes to what is transpiring at Funcom. ....... wow can't wait for the appeal courts to get their hands on that DNA evidence LOL

The rise and fall of Funcom's stock has little to do with AOC's current status and more to do with quick profits. FYI, most people who 'play the stockmarket' arn't MMO players but actual businessmen who as such wouldn't have a clue how well AOC was doing even if they did some internet research. They would however seen the prelaunch hype and bough a piece of the action in the hope of selling quickly afterwards to a fast profit .... don't believe me? perhaps you should look at the volume of shares bought/sold in the month prior and post launch and compare those numbers to the actual number of shares in the company ....

Don't get me wrong, play AOC in closed beta and decided not to go for sub, so no fanboi I, but i do at least have a slight knowledge of the workings of the stock market and so when someone tells me black is white i tend to point out it is in fact black.

Wed Aug 13 2008 2:45PM Report
Hathi writes:

Yes, FunCom has more products than Anarchy Online and Age of Conan under its belt, so the any down turn in its stock cannot be put at Age of Conan's feet entirely.

Wed Aug 13 2008 4:26PM Report
Equilibrium_JW writes:

Hathi, I fail to see your logic. Their stock was one solid price until the release of conan, and after the free month, it went to hell. Please do some research before trolling posts.

As to MacScarfe, while I can see the logic in your post, I still think the investors were getting the hell out of dodge. While some of them might have been in for a quick buck (which goes to show how Funcom operates even furhter), I believe that everyone is trying to be the next WOW, and what these investors saw was a dying game, thousands crying about the problems, a mass exodus, and failing profits.

When you have GMs cybering and people continuing to be billed when they cancel their accoutns, this goes miles to show the investors how their money is being handled.

So, yes, I believe some got in, made a buck, and got out, I would think that most would have believed Funcom's hype, just as we did, and were in it for the long haul, but then saw what was really going on.

Wed Aug 13 2008 4:52PM Report
M4ko writes:

I cant beleive that i got hooked by following the hype, this game is shyte.

Wed Aug 13 2008 8:01PM Report
M4ko writes:

the best part of the game is the creation of overpowered mobs to force party formations! this game has no freedome at all, everything is scripted, similar to latest Halloween franchise.

Wed Aug 13 2008 8:04PM Report
Thradar writes:

This fall will see the release of WotLK, WAR, and Mines of Moria.  If AoC is hurting now it's gonna be knocked out cold by the end of December.  Boom, HEADSHOT!

Thu Aug 14 2008 12:47AM Report
lukaszkam writes:

game looks nice... and that's all, AoC is dead...

Thu Aug 14 2008 1:54AM Report
Equilibrium_JW writes:

I have a feeling people are trolling and not clicking the link to read the rest of the post. Before you comment on something, try to read the entire post.

Thu Aug 14 2008 3:20PM Report

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