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9/17/08 10:28:16 PM#61
lol i think that was there goal, make all the money they could the frist months, from what ive heard alot of ppl has quited including all my friends that bought it |
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9/17/08 10:35:03 PM#62
Originally posted by WisebutCruel
Same weak ass "It's the economy!!" argument. Funny how the rest of the economy didn't drop like a rock when Funcoms' Q2 report came out. Yet Funcoms' did. And has continued to fall rapidly since then.
Where have you been for the past 6 months? Ive been watching a steady decline in my 401k to the tune of $50,000.00 us.FC is not the only company affected by this trend as much as you would like it to be this just isnt the case at all. Im sorry that your just angry at them but the global economy HAS been in a downward spiral most of this year.Any company traded on any stock exchange has been affected 1 way or another. So yeah "It's the economy"!!!!
Fine, just show me that the economy dropped the same drastic amount as Funcom on the day the Q2 was released. Sorry, although the economy is lousy, it is not the reason for Funcoms' stocks dropping. But you keep telling yourself that if it makes you feel better.
Ok whatever Funcom is the only company in the entire world of publicly traded stocks to to suffer a "stock plunge" the day it released its q2 report. Yeah that NEVER happens to companies when they announce that their earnings are less than expected. 1st you admit the economy is lousy.But its not the reason FC stocks is dropping?So are you positive that if the economy was doing great this would still be true?Are you saying that it will NEVER recover even if the market improves? But according to you Funcom is the ONLY company in the world to lose value in its publicly traded stock due to reported earnings loss. I could show you my own personal 10k loss on the very day that FC released its q2 report but that is a bit personal.I dont even own FC stock in 1 way or another. What is your physical limit? |
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9/18/08 2:12:24 AM#63
At best, AOC will end up in the same shoes as Vangard after it is fixed. UNLESS, Funcom somehow get the game on X-Box 360 (polished) like originally planned. |
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9/18/08 2:19:33 AM#64
Originally posted by Magiclight
It may have made more money than a single player game, however it also costs MUCH more to make and then there are also the costs of upkeep. So I personally would not consider it a successful game at all. - - "What if the hokey pokey really is what it's all about?" - - |
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9/18/08 2:28:51 AM#65
I PvPed for 8 hours today this was a great day for AoC. |
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9/18/08 7:41:28 AM#66
Originally posted by ILOVEFUNCOM
Fixed
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Azrile
Advanced Member
Joined: 7/29/08
Any new or returning player to WOW, send me a PM for some help getting started. |
9/18/08 8:00:16 AM#67
Funcom is down over 80% since it's high in April. It is down over 50% since it announced it's second quarter earnings on August 14. The stock market is down about 2% since April, and is basically Even since August 14th (even with 2 really bad days this week). Despite the really bad day this week that got so much media attention, the overall stock market has not moved much this year. The CFO in August, and now a co-founder, have both bailed on the company. The stock has not had a positive stock day since it released it's 2nd quarter numbers in August. The stock has had probably 10-15 days where it declined more than 10% in a day. The dow has had 1 day where it dropped 4% The overall stock market has very little to do with the plunge, or severity of the plunge in Funcom's stock. The initial plunge in May/June was because players were reporting concerns about the game despite it's 'great' launch. This gave the investor's a clue that the game wasn't going to succeed. The Aug 14 report just confirmed it to those who don't follow forums, or didn't believe the severity of the problems reported by players. The stock is at rock bottom right now. It can't go below $7 unless it reports bankruptcy, or a severe drop in cash-on-hand, which it won't do until November 15th, at which time the stock will get pummeled again. If you want to figure out the price of the stock after November 15th.. just take their reported cash-on-hand and divide by 4. If they report they still have 16M cash(my guess), then the stock price will drop to 4. At this point, revenues and subscribers are irrelevant to the price of Funcom stock. Cash Assets mean everything. Investors have fully devalued the AOC franchise down to 0.. the only thing holding the stock at 8 is the uncertainty of how much cash funcom still has. If you are an ex-wow player and want to come back. Scroll of Rez gives 7 free days, boost a character to 80 a realm and faction change. Send me PM for an invite. Only 1 per day available |
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9/18/08 8:00:52 AM#68
Ya i pvped for 6 hours yesterday after work was also great...
But it was in a free mmo lol lol lol lol |
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9/18/08 11:25:26 AM#69
Sorry OP, the game producer didn't resign because things were going well. |
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Distopia
Drifter
Joined: 11/22/05
If it contains the words video and game, it must be a WOW clone. |
9/18/08 11:32:56 AM#70
Originally posted by dhayes68 The point is, by most accounts he's the guy most likely responsible for the bad direction taken post launch. The guy taking his place was known to clean up after him before with AO, now they're giving him a chance to try the same with AOC. In of itself that's good news, as for the state of funcom as a whole, that's an entirely different subject . For every minute you are angry , you lose 60 seconds of happiness."-Emerson If you can't argue the point don't say anything at all. |
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9/18/08 11:37:31 AM#71
Originally posted by Malickie The point is, by most accounts he's the guy most likely responsible for the bad direction taken post launch. The guy taking his place was known to clean up after him before with AO, now they're giving him a chance to try the same with AOC. In of itself that's good news, as for the state of funcom as a whole, that's an entirely different subject .
Granted that is the intention of picking this new guy. BUT it means that first of all, those talking about how great it is NOW are full of it. Also it means that since a new guy is taking over, the improvements IF they come (its not a guarantee you know) won't be here tomorrow. Based on FC's performance thus far, if you re-sub based on this news there is a greater chance you'll be ripped off than you will be satisfied. Best bet to WAIT til it turns out there are actual results in-game rather than just news, plans and announcements. |
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Distopia
Drifter
Joined: 11/22/05
If it contains the words video and game, it must be a WOW clone. |
9/18/08 11:41:03 AM#72
Originally posted by dhayes68
Granted that is the intention of picking this new guy. BUT it means that first of all, those talking about how great it is NOW are full of it. Also it means that since a new guy is taking over, the improvements IF they come (its not a guarantee you know) won't be here tomorrow. Based on FC's performance thus far, if you re-sub based on this news there is a greater chance you'll be ripped off than you will be satisfied. Best bet to WAIT til it turns out there are actual results in-game rather than just news, plans and announcements. I completely agree, though I had already subbed long before this news came to light. There's no reason to simply resub just because of this or a PVP patch, neither fixes the issues most people had with the game. For every minute you are angry , you lose 60 seconds of happiness."-Emerson If you can't argue the point don't say anything at all. |
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9/19/08 1:19:40 AM#73
Originally posted by ILOVEFUNCOM
Actually you are completely wrong Funcom has a lot of money still and now has over 320 employees and because of this they have a large pool of resources to draw from and even can pull from The Secret World for brief periods of time to get AoC back to 700,000 subscribers again and once they hit profit and turn the corner the stock will go up from 8 to 20+ very fast which isnt the highest but would mean people will still have made money from its initial offering and considering the state of the world economy that ain't bad!
One punctuation mark and it's an exclamation point at the end of his "sentence". If you're going to try the Zero Punctuation routine at least have something humorous to say.....oh wait you did!! Never mind. |
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9/19/08 1:25:54 AM#74
Originally posted by ILOVEFUNCOM
Ok I fixed the basic punctuation but I'm not touching the grammar. I'm also not even going to : "Who knows, maybe AoC will look more polished in hindsight."
I can understand you wanting to play WAR. WAR does not look like a bad game although it depends on the type of gaming style you like. If you like combat a bit more fast paced and twitch oriented you really cant beat AoC . Not to mention fatalities add a random dynamic not only in terms of visuals but strategy. These are things which maybe WAR has or maybe it does not but the main consideration is what will WAR hold at later levels. Who knows, maybe AoC will look more polished in hindsight. |
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9/19/08 9:06:42 AM#75
they JUST got rid of Gaute, it'll take a LONG while before the new director can salvage anythting from the mess Gaute left behind. maybe one day......maybe. |
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9/19/08 4:28:08 PM#76
Originally posted by Azrile
Thank you for saving me from all that typing you did. Funcom stock has been taking a strong nosedive since June 16, even before AoC's release (down ~83%). If the economy in general was doing as badly as Funcom stock, you'd be seeing stockbrokers jumping from buildings like it was 1929. The arguement that the stock is only or mostly doing poorly because of the economy is absolutely ridiculous and I can only interpret it as intentionally misleading. |
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arkady09
Apprentice Member
Joined: 8/16/08
The clearest way into the universe is through a forest wilderness. -- John Muir |
9/22/08 4:22:03 PM#77
Originally posted by ed515
Until that day.. I wont be holding my breath!
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9/22/08 4:36:37 PM#78
Hopefully other game devs will take lesson from the AoC fiasco and will know what not to do in the future. A cardinal rule for the business may be that you should never release trailers that are better than the actual game play. In addition the old addage "Don't write a check that your arse can't cash," applies. Never make promises you can't keep. |
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9/22/08 4:39:55 PM#79
Back on top of what? On top of the worst games ever released? I doubt its better than VG, but I'm sure its better than Dark and Light. Also, what does FC's stock price have to do with how fun the game is? |
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9/22/08 4:52:19 PM#80
Have to asy that this thread is fantastic :) You realy do need to chill out with the enthusiasm a bit tho OP hehe But I would just like to point out that there is only one ILOVEFUNCOM acting the way he/she is, but there are many who are percieved exactly the same on the other side of the fence, yes you lot with the fail com logos... think about it Core i7(d0)on Foxconn Bloodrage, 6gb Tri DDR3,GTX 680, 60gb OCZ Vertex 2 SSD, 640gb Caviar Black, Windows 7, HAF 932 case, 24" Full HD Dell, Logitech G19, Razor Abyssus Mirror edition, 50mb BB. |
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