Aces High Bulletin Board
General Forums => Aces High General Discussion => Topic started by: Captain Krunch on August 03, 1999, 01:11:00 PM
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If you like warbirds I suggest that you get all the flying in that you can because it won't be around much longer. I've been watching the IMGK stock ticker this morning and it's dropping like a rock. If you'd like to watch the carnage as it unfolds head on over to...
http://quotes.nasdaq-amex.com/Quote.dll?page=full&mode=basics&symbol=IMGK%60&selected=IMGK%60 (http://quotes.nasdaq-amex.com/Quote.dll?page=full&mode=basics&symbol=IMGK%60&selected=IMGK%60)
It closed at about $1.50 last night and it's already down to $.75.
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How would the price of existing shares affect the WB? If somebody tells you that the price of your house just dropped 50%, would it affect it's size or your salary, etc?
Not really.
Same with IMGK. Not plesant to the owners of those shares but the revenue and customers and employees will be there the next morning.
Of course if they planned to use their shares to finance their expansion (secondary offering or as a collateral for the loan) that will not work now. And employees attracted by share options may leave. But I did not hear anything about that yet.
On the other hand with their shares so cheap, some other strong company could just buy the whole IMGK along with the WB.
miko--
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The share price is tied to the value investors put in IMGK's business model. If it's dropping there's a reason. In this case IMGK's earnings per share are -$1.94. That's a major disaster. How would you like to lose 2 bucks for every dollar you pump into a company? OUCH! They probably DON'T have the money to pay employees or promote their game or for that matter do anything else. It's not like that share price comes out of thin air.
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Ross Perot,
that man who towers above all, said about NAFTA we would hear a "great sucking sound" when it was implemented. Of course he was wrong.
However, when THIS Puppy, or else when Killer's Sim goes beta, there will be a great sucking sound, and that will be the sound of folks bailing out of WB bigtime. Quote me (http://bbs.hitechcreations.com/smf/Smileys/default/smile.gif)
6gun
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Sorta presumes WB still being around, don't it? That's looking less and less likely every day.
PS - That's his ears that tower above all. (http://bbs.hitechcreations.com/smf/Smileys/default/smile.gif)
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TKoKFKA-OZDS-
[This message has been edited by Ozymandias_KoK (edited 08-04-1999).]
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Warbirds will go to flat rate pricing if they can or they will disappear by the end of the year. Fact
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Warbirds will disapear regardless... FACT! <g>
I'd be very surprised if good ol WB wasn't gone within a few months. Their stock is down to $0.875 per share. I read the company profile and it looks to me like they have around 3.25 million dollars left in cash and short term investments.... but they are hemoraging more than that every quarter. In other words... they are out of money or will be very shortly.
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IMGK stock closed at 62 cents today. At this rate it might be cheaper for Hightech Creations to simply purchase Warbirds and update it rather than develop Aces High.
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6Gun,
Really going out on a limb with that prediction huh..Not! <G>
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6Gun -
You couldn't be more wrong about NAFTA. I live in SD and about 20 mins from my house you can _really_ hear, (and see) that sucking sound.
It goes much deaper than that. There isn't a US based manufacturer of _anything_ that hasn't seriously considered moving some or all of it's opeations down there. NAFTA makes it really easy financially.
The only things keeping jobs here are inertia, better quality of materials and consistant, reliable utility supply and transportation.
Paying some poor guy $5 per _day_ for assembly work beats a union wage of $15/hr here no matter how you slice it.
JHL
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Not to mention that IMGK failed to disclose information properly, which will most likely lead to civil suits brought on by shareholders. Which will suck IMGK dry with legal expenses if they win, or suck IMGK dry with legal expenses and reimbursements if the lose.
I think... recall reading that somewhere...
Antix
(http://www.4anidea.com/333rd/reddawgs.gif)
[This message has been edited by Antix (edited 08-12-1999).]
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Even IF WB somehow managed to stay operating...I still thyink I would cancel my account and devote my hard earned money to AH.
Nice banner Antix- (http://bbs.hitechcreations.com/smf/Smileys/default/smile.gif)
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333rd Red Dawgs
JG 5 Eismeer
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It's like dejavu all over again.WB feels like AW did before I canceled my delphi account and started flying CK when it came out in beta.
BTW...what was the first ck beta ver?I think I started in the mid 80's{.84?}.I think it was 2 countries, but my memory fails.I miss my Blue homeland! {G}
At least I don't have to be a skeptic{even with TAS}.I know what these guys can do!
OTR
Hummer
{501 FF}
"Edato Plumbum!"
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We will see what simulations will be still alive in 3 years. AH already showed "big" ability in business, remembering Imagic? If there will be something out more worth my money than WB it will most probably come from Playnet. Why should I change to AH to play a WB2.8a if I can get a WB3.0 at INet?
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hummer
Date: 28 May 1995
"Greetings One and All! You are cordially invited to partake in Confirmed Kill's beta testing session."
....Dale Addink
this usenet post, and all the other historic ones, are in the book "WarBirds; the story so far..." by Prophet, DocDoom, Krod and Burbank. Go to http://www.nitro.co.za/wb-book/ (http://www.nitro.co.za/wb-book/)
or the link below to order your copy of this 546 page, 2.8 lbs of history!
cheers
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burbank
WWII history and Multi-player Simulator books
http://www.senet.com.au/~mhyde/burbanks_books.htm (http://www.senet.com.au/~mhyde/burbanks_books.htm)
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Could be wrong here, but don't you U.S. types have a thing called Chapter 11??
Not sure how it workes, but I understand that if a company is heading for (or goes) bankrupt, they can file for Chapter 11 and continue trading. Could iEN be heading for this?
-rkat-
75 Sqn RAAF Australia
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Captain Krunch...
Who are you? I have never heard of or seen you in Warbirds? Are you another WB wannabe? Get yourself an account and you will see that WB is alive and well
brendo.... the WB movie guy http://www.ozemail.com.au/~wbpoges (http://www.ozemail.com.au/~wbpoges)
(http://www.geocities.com/timessquare/ring/1667/323b.gif)
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I spoke with an IEN employee last night who said the company was very much in the green.
Too many people have already got WB's in a casket, their grave dug, ready to throw them in.
I'm no expert on the health of this company and seriously doubt that these guys are either.
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what bunk....I hope AH makes it big guys but I'd really hate to see WB go down the tubes leaveing us with the same situation:1 game worth flying and no compatition...
I for one likes the old WB crew (ah guys) and really look forward to the new sim...
It felt like a family rather than a big corp.
My guess is thats what AH will be like.
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The 44TH SOS...If Ya See Us....IT'S TOO LATE!!!!
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Brendo,
Who am I? I stopped flying WB about a year ago after almost 2 years of playing. $2 an hour is robbery for ANY online game let alone WB. I don't know why it took me so long to realize what a waste of time and money WB was. I think that I wanted to play a realistic WW2 fighter game SO MUCH that I neglected to notice what a pile of crap WB actually was. Don't get me wrong, it's still the best online flight sim to date. Unfortunately that's not saying much. On almost every level it's a really bad game.
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Well my captain, it time you backed off.
Warbirds has changed hands before, so I dont think the IEN collapse viewpoint is such a deadly issue.
If you dont play the game, then you dont have the right to make such broad banded sweeping statements about its demise. If you were online you would quickly see how alive the community is.
Adios Kaptain Crunch
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Hey Krunch...
If you think $2.00 an hour is too much to pay for ANY online sim...what are you doing here...? You think THIS game is gonna be free?...cause if you do you better remember who implemented the play by the hour policy in the first place. (http://bbs.hitechcreations.com/smf/Smileys/default/smile.gif)
Hopefully we won't be gouged too bad for all of these cool new features we're hearing about...but I suggest you rethink your policy of not paying by the hour for flight sims...or don't bother hanging around here condemming people arbitrarily for it.
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Mookie????
I never condemned anyone in my last message.
As for who set up the $2 an hour rule I know exactly who did it, hehe. Even so, the pricing structure for AH has not been announced. While we are waiting for the official word to come down from atop Mount Olympus I'll announce MY online gaming policy. It's something fairly close to the Midas ad, "I'm not going to pay a lot for that muffler!" I'm not going to pay $2 an hour to play ANY online game! At my peak I remember racking up a WB bill that hit $200 for one month!!! PLEASE!!! That's a sickness not a hobby.
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Krunch...
Sorry if I came down on you with both feet there.
As to hourly rates though...We may all be pleasantly surprised if AH announces a flat fee online rate...or an hourly fee of less than $2.00 an hour; but it's hard to move backwards, (especially economically,) I think it's a pretty good bet that after a possible free beta period, we'll be paying just as dearly for a ride in this arena.
But until they announcement...we can hope. (http://bbs.hitechcreations.com/smf/Smileys/default/smile.gif)
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Hello all. Please nobody attack me here because I have never played WB online.. I have played it offline mode for years, but I have always thought it too pricy to pay by the hour. That's not an attack on those charging or paying the 2/hr, that's an honest statement about myself, & my opinion. Remember when AOL went to unlimited service, flat monthly fee? They more than quadrupled their business.. I think the flat rate scheme is the way to go.. I would definately pay 30 bucks a month or whatever.. And I'm a cheapskate!
Hopefully, this is one of the reasons AH will win business, because they don't appear to be a massive company, so they won't have the same huge overhead to pay, so they can charge a reasonable rate for service, so they get lots more customers.. Make sense?? It does to me..
And guys, I can't understand this attitude of, "I'm sure we'll have to pay dearly for it, but that's ok with me!" This is why WB is going down the tubes! Because there are many fewer diehard fans that are willing to get raped for their online thrills than there are people like me who don't want to get raped for an ocassional online game.. This is not a personal attack on anyone here (and I'm sure I'll get flamed now), but that is the way I see it from a business standpoint.
Either way, I look forward to flying online against actual human opponents, and I am excited to see AH!!!
cheers,
Texas2
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No flames from me Tex, flat rates encourage a lot more people to join the community.
Saying that high prices will keep the dweebs/killa-types out is pretty absurd, you'll just rob yourself of potential customers. I bet a lot of AW-players would love to convert to a more realistic sim (aka WB) but are discouraged by the pricing.
Sascha JG 77 "Herz As!"
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I predict warbirds to hit the market at $19.95 flat rate by next summer. either that or its curtins.
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Oh, I don't think so. 29.95$ will be good enough for WB. We won't forget, they will have also a Mac WB3.0, will we? (http://bbs.hitechcreations.com/smf/Smileys/default/wink.gif)
Looks like a bigger player base with all those PC guys not leaving their Mac comrades behind. (http://bbs.hitechcreations.com/smf/Smileys/default/smile.gif)
-Ireg- III./JG3 "Udet"