kabir is right that he has done a lot of work on this, it is certainly
noticeable on his forum (and he certainly knows what im about to say).

what you missed--as i see it--was not in the transcript but it is cost of
revenue increase, coinciding with an inflationary cycle, and failure to meet the
whisper number. all of which call for a decrease in the multiple.

i dont think summer is ever the time to be overweight consumer discretionary,
and rarely tech, in this case youve got a blend of both. i would take this
chance to lighten the position (or get out is what i would do with my money) and
revisit later, especially on any further price gain. if calls are in your
wheelhouse, perhaps participate through calls.

Story right. Timing wrong. Not much else to it. Talk to me when the market
starts thinking the economy is turning around. Even if we aren't actually in the
process of turning around, this stock (company) will thrive. This is a patience
trade. Patience will be rewarded. This stock was run up irrationally with the
rest of the market before the fundamentals were able to catch up with it. Notice
the fact the stock sold down to 44 and then is right back around 50. Just give
it time. If you own now, just sit tight and look to reload on any panic sell
off. With this stock, you're probably talking 15-20% down from here as defining
a panic sell. Just my two cents....

Long GME.

yoru very right that management was bullish in the confrence call. i have done
more work on this than is imaginable. its just wall streets belief that they
will fail to rise to expectations or continue to grow

honestly its just unreasonable expectations and the bet that GME fails every
quarter

I'm just not feeling it man...sorry!

also lets not forget "SUMMER TIME' is here in the USA.....nice wheather
makes kids put down the games also...and head outdoors

Video games still "cheap" entertainment that requires little
"gas". Wis are in demand, and plenty of good titles coming - Madden,
Gears, Doom guys... I think Gamestop is under rated and looks like a winner in
the retail segment.

nor was it the "stimulus rebate check play" it was intended to
be......and Grand Theft Auto IV seems to be a real bust also come to think of
it!.....kids also cant find summer jobs in the USA....let alone extra money to
buy more pot and video games...lol