Toronto, ON
I’d certainly be losing some sleep right now if I were someone selling ridiculously expensive non-essential luxury items.
(Topic ID: 264212)
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Quoted from athens95:Do you worry if your house is going up or down in value?
You had me until this line.
Quoted from Methos:The real impact will be to the manufactures who can't move product, have reduced cash flow, and can't pay their debt obligations.
I wouldn't want to be a distributor right now either. The margins for them are so low that if you're not moving a large volume of games you're in trouble.
Quoted from Utesichiban:Ok, just curious if anyone knows if Stern still has their line going and what is still rolling off of it? If so, are distributors required to buy and stock this stuff for them?
I was thinking about that as well. I remember reading once that distributors have a certain number of LE’s they were practically obligated to order for every release otherwise they may jeopardize their ability to order future LE’s from Stern. I’d hate to have that pressure to stock high cost, low margin items during times like this.
Quoted from spikelou2:I have to say that this could be the end of the road for jjp ... there on the ropes and this will take them down .. no ones gonna buy a $13,000 machine when they cant make their mortgage payment
My understanding is that JJP has some seriously deep-pocketed investors so I'm fairly certain they will be able to weather the storm that is coming. How do you know they even have a mortgage?
Quoted from JY64:It has been a year they need to announce soon less than one a year after nine years can't keep a company running
Has JJP ever actually made any profit? Why should this be any different?
Quoted from PiNDoCToR:I'm buying both stocks and pinball games so if anybody wants to sell these to me....
Baffle Ball
Five Star Final Sr.
Jacks Open
Royal Flush
Target Alpha
Count-Down
Alien Poker
Eight Ball
Hollywood Heat
Banzai Run
Theatre of Magic
Title Fight
Cactus Jacks
Surf N Safari
Street Fighter
Cue Ball Wizard
It's so crazy to hear how worried some people are about financial survival and being able to provide for their families.....and then there's this guy.
Quoted from PtownPin:Thats way too logical....highly unlikely Stern will do anything except make more games that people won't buy, and try to force their distribution network to purchase games
This sounds more like the Stern we all know.
Quoted from PanzerFreak:Yeah, right now things still seem fairly stable, all depends on how long this goes on for. I just sold an HUO JJP Pirates LE yesterday at what I believe is still at the higher end of the HUO market. I didn't sell the game out of panic, just wanted to free up some room for another game down the road (or tomorrow lol). Yes, I did wipe down my Escalera, door knobs, and tools with antibacterial wipes plus the buyer and I only elbowed instead of shaking hands!
Wow, thought you'd be one of the last people to let go of their JJPOTC...I'm shocked!
Quoted from iloveplywood:Pirates seems like an amazing game, but the wizard modes appeared to be a little bit of a let down from what I've seen. Still, such a unique layout and the usual crazy Keith Johnson code marks my decision not to buy a standard when I had the opportunity to do so as one of my big pinball regrets.
I had a deposit on an LE the day after the reveal and canceled months later...I'm really kicking myself over that one.
Quoted from o-din:I have all my investments in a row now.
I'm sure it's a nice looking portfolio.
Quoted from colonel_caverne:I don’t believe one second the market can go down. There won’t even be a slowdown sale. Containment, idleness, internet are some factors encouraging the buyer fever and impulsive purchases.
Wow, hope I can visit your planet one day.
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