I won't beat around the bush - I don't think
GameStop (NYSE:
GME)
has all that much of a future as a retailer focused around game
consoles and software. There just isn't enough hardware business to
support the enterprise, and I see the ongoing march of digital gaming
eroding that lucrative used game business. None of this is new; this has
been the GameStop bear thesis for a while. The question, though, is
whether GameStop's business strategy points to a slower-than-expected
decline and whether there's still value in the shares.
Continue here:
http://stocks.investopedia.com/stock-analysis/2012/GameStop-Is-In-Decline-But-The-Rate-Is-Still-Up-For-Debate-GME-BBY-WMT-ATVI0524.aspx
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