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Valve Denies Steam Trade-in Plans

[Oct 14, 2010, 2:36 pm ET] - Share - Viewing Comments

A post on NowGamer quotes Wedbush Morgan analyst Michael Pachter from an interview talking about the possibility that Valve is working on a way to allow game trade-ins through Steam (thanks Kotaku). Says Pachter: "Steam gives gamers enough other stuff so that they don’t resent the fact they can’t trade in their games. And you know, name all the Steam games that you’ve purchased that you’ve traded back in to somebody else for credit. Steam’s about to let you do that supposedly, you know like trade and exchange, but they’re going to take a fee from it." We contacted Valve for comment on this and received the following response from Doug Lombardi: "Untrue. We've never met with Mr. Pachter."

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49.

Re: Valve Denies Steam Trade-in Plans

Oct 15, 2010, 12:23

ASeven

Verno wrote on Oct 15, 2010, 10:20: You can bet EA's CEO, Activision's CEO own Kotick and every CEO out there is putting more importance into what this ass Patcher says than all the gamers combined. I haven't seen any evidence of this so no I think you're incorrect, I worry more about clueless investors forcing decisions on publishers than people working at publishers. I think most people in the industry recognize he's a colorful village idiot type. Well, to be honest I wouldn't be able to tell you either way since I do not deal with the gaming industry anymore, I'm only basing my assumption on the many industries I work with. You are probably quite correct as well but again my argument stands, those investors forcing publishers to go one way were again influences by asshats like Patcher. Investors will listen to gamers even less than CEOs will and the reason 99% of them are clueless as fuck.

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