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transcript july 21, 2008 hsbro earnings conference call and business overview
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<blockquote data-quote="joethelawyer" data-source="post: 4405367" data-attributes="member: 55764"><p>there never is. why would a company say to its customer base who they still want to make money off of "hey, we might be selling off the company, btw. but please invest in us and buy our books."</p><p></p><p>what you have to do is read the signs based on past experiences.</p><p></p><p>this is a quote from monte cok from an article i was reading last night. i can't tell exactly whe he wrote it, but it looks to be 2006-ish. the link to the full article follows, but take a look at this prescient quote:</p><p></p><p>.....</p><p></p><p>"[FONT=Arial, Helvetica, sans-serif]<span style="font-size: 10px">But what about the long term? At some point, Wizards will decide to do a 4th Edition, which is a good thing. What would be a bad thing is if it happened just because they needed to boost their bottom line when it came time to answer to Hasbro. </span>[/FONT] [FONT=Arial, Helvetica, sans-serif]<span style="font-size: 10px">Let me preface this by saying that nothing I'll write here on the subject of 4th Edition is based on any kind of direct knowledge. No one's told me a thing. But I did work at Wizards for years, and I knew the original plans. Moreover, I know the kinds of products that you release before a new edition, and the kinds of things you post to the Internet and say at conventions when you're working on a new edition. And so based on all that, my wild guess is 2008, with an announcement in 2007. That said, I think it maybe could come as early as 2007, with an announcement this year. If that were to happen, however, and I was working on D&D at Wizards, I'd polish up my resume, because a release that soon would seem to indicate that Hasbro was forcing the issue; it would suggest the corporation wants squeeze the game for what it was worth and then dump it, because the timing would be wrong for optimal success. It would indicate that they (Hasbro) just didn't care. To be blunt, 2007 would be too early--sales would not be as good, and the finished game would likely have been rushed. It would be very bad news for the game, for people working on the game, and likely for the rpg hobby as a whole (remember, so goes Wizards...)"</span>[/FONT]</p><p></p><p></p><p>[FONT=Arial, Helvetica, sans-serif]<span style="font-size: 10px">....</span>[/FONT]</p><p></p><p></p><p>[FONT=Arial, Helvetica, sans-serif]<span style="font-size: 10px">full article here <a href="http://www.montecook.com/cgi-bin/page.cgi?mc_los_155" target="_blank">http://www.montecook.com/cgi-bin/page.cgi?mc_los_155</a></span>[/FONT]</p><p></p><p></p><p>[FONT=Arial, Helvetica, sans-serif]<span style="font-size: 10px">pretty damn accurate huh? and he had no "business evidence", but he based it on business experience, and the signs, just as we are.</span>[/FONT]</p><p></p><p></p><p>my thought after reading this was---who's to say that for the reasons he says it would have been wrong to do 4e in 2007, it is not still wrong in 2008? the signs seem to be there that it was rushed.</p><p></p><p></p><p></p><p>joe</p><p></p><p>[FONT=Arial, Helvetica, sans-serif]<span style="font-size: 10px"></span></p><p><span style="font-size: 10px"></span>[/FONT]</p></blockquote><p></p>
[QUOTE="joethelawyer, post: 4405367, member: 55764"] there never is. why would a company say to its customer base who they still want to make money off of "hey, we might be selling off the company, btw. but please invest in us and buy our books." what you have to do is read the signs based on past experiences. this is a quote from monte cok from an article i was reading last night. i can't tell exactly whe he wrote it, but it looks to be 2006-ish. the link to the full article follows, but take a look at this prescient quote: ..... "[FONT=Arial, Helvetica, sans-serif][SIZE=2]But what about the long term? At some point, Wizards will decide to do a 4th Edition, which is a good thing. What would be a bad thing is if it happened just because they needed to boost their bottom line when it came time to answer to Hasbro. [/SIZE][/FONT] [FONT=Arial, Helvetica, sans-serif][SIZE=2]Let me preface this by saying that nothing I'll write here on the subject of 4th Edition is based on any kind of direct knowledge. No one's told me a thing. But I did work at Wizards for years, and I knew the original plans. Moreover, I know the kinds of products that you release before a new edition, and the kinds of things you post to the Internet and say at conventions when you're working on a new edition. And so based on all that, my wild guess is 2008, with an announcement in 2007. That said, I think it maybe could come as early as 2007, with an announcement this year. If that were to happen, however, and I was working on D&D at Wizards, I'd polish up my resume, because a release that soon would seem to indicate that Hasbro was forcing the issue; it would suggest the corporation wants squeeze the game for what it was worth and then dump it, because the timing would be wrong for optimal success. It would indicate that they (Hasbro) just didn't care. To be blunt, 2007 would be too early--sales would not be as good, and the finished game would likely have been rushed. It would be very bad news for the game, for people working on the game, and likely for the rpg hobby as a whole (remember, so goes Wizards...)"[/SIZE][/FONT] [FONT=Arial, Helvetica, sans-serif][SIZE=2]....[/SIZE][/FONT] [FONT=Arial, Helvetica, sans-serif][SIZE=2]full article here [url]http://www.montecook.com/cgi-bin/page.cgi?mc_los_155[/url][/SIZE][/FONT] [FONT=Arial, Helvetica, sans-serif][SIZE=2]pretty damn accurate huh? and he had no "business evidence", but he based it on business experience, and the signs, just as we are.[/SIZE][/FONT] my thought after reading this was---who's to say that for the reasons he says it would have been wrong to do 4e in 2007, it is not still wrong in 2008? the signs seem to be there that it was rushed. joe [FONT=Arial, Helvetica, sans-serif][SIZE=2] [/SIZE][/FONT] [/QUOTE]
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