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User information for Mike Fisk

Real Name Mike Fisk   
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Nickname killer_roach
Email Concealed by request
ICQ None given.
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Homepage None given.
Signed On Oct 31, 2002, 20:40
Total Comments 1471 (Pro)
User ID 15013
 
User comment history
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News Comments > OS X CARGASM HD Released
1. Re: OS X CARGASM HD Released Nov 16, 2012, 17:01 killer_roach
 
Mac App Store keeps releasing games that are languishing on Valve Greenlight.

It's getting comical when Valve is being shown up by, of all people, Apple in terms of creating an accessible marketplace.
 
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News Comments > Morning Legal Briefs
5. Re: Morning Legal Briefs Nov 16, 2012, 14:40 killer_roach
 
Creston wrote on Nov 16, 2012, 11:11:
I can sort of see Amazon owing France taxes, but GOOGLE? France has really lost its fucking mind. Not that it had much of one to begin with.

Creston

There's been a bit of a movement in EU nations lately trying to get more tax revenue out of multinational corporations who tend to channel their money through more tax-friendly countries in Europe (like the Netherlands or Switzerland) to minimize their tax exposure. Starbucks in particular has been singled out, but most other major companies have done similar stuff. (In all reality, these companies do pay very little in taxes to European governments, ultimately channeling their money to low-tax jurisdictions or back to the parent company, where it becomes subject to US taxes - in the case of Starbucks, they pay almost no tax on their European operations, but they a higher effective tax rate Stateside than most.)
 
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News Comments > Morning Tech Bits
20. Re: Morning Tech Bits Nov 14, 2012, 18:49 killer_roach
 
Cutter wrote on Nov 14, 2012, 17:29:
Did I say Bush? I said the GOP. History bears that out. Want a good economy and low unemployment you choose the Democrats. Want debt, war and bad times yo choose the GOP. Try reading some ACTUAL history sometime and you'd learn that.

So the debt under Obama is somehow the GOP's fault? Please.

That being said, overall on economics issues I'd say there really have been few Presidential administrations that "got" both micro- and macroeconomic issues, and, in the post-WWII era, only one from each party (JFK for the Dems, Reagan for the GOP). Each party has also had two guys good on one but not the other (Carter was great on micro issues to the point where he was possibly the most relentless deregulatory President we've ever had, Clinton was good on macro issues, Bush Jr. was good on micro issues, and Eisenhower was good on macro issues), and the rest... well, they were at best mediocre on both.

Overall, the GOP platform has typically (but not always) been better from an economic standpoint, but the fact that pretty much every President has gone and ignored their party's platform except when convenient means that we can't really use governing philosophy as a proxy for actual political performance.
 
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News Comments > Sunday Consolidation
9. Re: Sunday Consolidation Nov 11, 2012, 20:17 killer_roach
 
Prez wrote on Nov 11, 2012, 20:14:
Wow, time can really play tricks on the memory. I never would have guessed off the top of my head that there has been 6 years between each generation.

The PS1 only came out in Japan in 1994 - it was released in the US in 1995 (after the SNES was released in 1990 and 1991 in those regions), and the PS3 was often considered to be released a year late in the current generation, as the Wii and Xbox 360 both came out in 2005.
 
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News Comments > NVIDIA Profits
3. Re: NVIDIA Profits Nov 11, 2012, 18:11 killer_roach
 
The Half Elf wrote on Nov 11, 2012, 17:15:
Yeah but how much money does Nvidia make from smartphone/tablet chips now, and for upcoming 'next-gen' consoles?

The consumer products division, which is buoyed by Tegra, amounted to about 20% of their revenue this past quarter ($243.9m of $1.19b). As far as I'm aware, Nvidia has no design wins for the next generation of consoles (all of them are using ATI GPUs allegedly), and Ouya, which uses Tegra 3, is just another smartphone design win (effectively).

Nvidia did not break down profits by division, as they are not required to, but their recent earnings guidance makes me think that margins there are considerably less than in the rest of their business.
 
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News Comments > THQ in Default on Credit Line
11. Re: THQ in Defaults on Credit Line Nov 11, 2012, 16:19 killer_roach
 
NewMaxx wrote on Nov 11, 2012, 16:15:
killer_roach wrote on Nov 11, 2012, 15:12:
Your argument only holds water in the situation where THQ had a clearly outlined path back to profitability, which they don't. This default isn't a temporary setback - it's a symptom of further underlying issues. Without even a current accounts surplus on the horizon (much less an overall profit), it's only a matter of time before the sharks start to circle (if they haven't already).

Interesting. I wasn't aware I had made an argument. Not that I don't get accused of that every time I (or anybody else) posts here...

Actually, what I stated was that they are effectively one step away from bankruptcy. Everybody involved (THQ, Wells Fargo) are well aware of that - as I said, it did not come as a surprise. Therefore my statement that companies default all the time only suggests that news of such a default is absolutely meaningless with regard to whether or not they are going bankrupt, rather it is the particular company's circumstances that give the honest appraisal. Everybody is making the best of a bad situation by stringing it out, and if you want me to fall back to my original post's analogy, like the Byzantine Empire.

The crux of what you said earlier was that situations like this happen all the time. Technically, that is true.

However, in situations like this the likelihood of the defaulting party surviving in any meaningful sense are, given the fundamentals, practically nil.

THQ, as it currently stands, is not "effectively one step away from bankruptcy". With a default of this size, they are, for all intents and purposes, bankrupt in any meaningful sense apart from the formal filing.
 
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News Comments > THQ in Default on Credit Line
7. Re: THQ in Defaults on Credit Line Nov 11, 2012, 15:48 killer_roach
 
ASeven wrote on Nov 11, 2012, 15:23:
This pretty much. At the rate events are happening I'm even starting to question if THQ won't publicly declare bankruptcy before the end of the year.

That credit line they defaulted on was $50 million... their market cap is just under $10 million, and only because the stock's actually come up a bit off its lows (at which point, around mid-week, they were about a $7.5 million company - or about 1/550th the market cap of EA, or 1/1500th(!) the size of Activision Blizzard).

Short of trying to sell IP and/or studios, I don't see how they dig themselves out of this hole, especially considering their recently announced delays. And even that likely won't be enough to do anything beyond get them past the short run.
 
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News Comments > THQ in Default on Credit Line
3. Re: THQ in Defaults on Credit Line Nov 11, 2012, 15:12 killer_roach
 
NewMaxx wrote on Nov 11, 2012, 14:47:
Companies default all the time. Sometimes it's news, sometimes it's not, but of course they have to report it to the stock exchange. I don't think this was an unexpected event in any regard. There will be a restructuring/renegotiation of debt, and the commission of future milestones, at which point there might be another renegotiation, and so on.

The modern world of finance has its roots a thousand years back (feudal kings did this all the time), but to spare the public a history lesson, essentially imagine THQ as a nation-state who borrows money from a rich trade state so that it can field an army with the intent to expand its domain. It fails to meet this goal and is thus unable to pay as anticipated, but still is able to pay something and still seeks to eventually achieve its goals and avoid the alternative of bankruptcy.

Except THQ is hemorrhaging cash - they're losing money greater than their market cap on a quarterly basis, with no real pathway back to profitability. With a default comes likely downgrades to their credit rating as creditors worry about their ability to satisfy current debt obligations (if their debt instruments aren't C-rated already, they likely will be now), which likely will constitute increased costs to their debt service, further hastening their debt spiral.

Your argument only holds water in the situation where THQ had a clearly outlined path back to profitability, which they don't. This default isn't a temporary setback - it's a symptom of further underlying issues. Without even a current accounts surplus on the horizon (much less an overall profit), it's only a matter of time before the sharks start to circle (if they haven't already).
 
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News Comments > BioShock Free on GameFly
15. Re: BioShock Free on GameFly Nov 9, 2012, 19:03 killer_roach
 
Ant wrote on Nov 9, 2012, 11:15:
Why do we have to give them our billing data when signing up? No thanks, GameFly!

They still had my billing info from the Direct2Drive days... the card no longer exists, but it still went through. Huge success.
 
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News Comments > Evening Mobilization
1. Re: Evening Mobilization Nov 9, 2012, 18:28 killer_roach
 
We'll see on AT&T's plans for LTE expansion - where I'm at right now they only have spotty EDGE coverage, same as T-Mobile (while Verizon has LTE here, just so you know this isn't a desolate wasteland).  
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News Comments > Morning Consolidation
9. Re: Morning Consolidation Nov 9, 2012, 18:07 killer_roach
 
Nucas wrote on Nov 9, 2012, 16:54:
while i admire a lot of the design aesthetics of samsung, i've heard the sony HX929 called the best looking TV available.

sony is working to bring their tv products back in line with their brand reputation after cheapening up during the recession in a bid to try to keep sales going.

still doing better than sharp, at least.

Haven't seen that particular Sony set yet, but if it's as good as the hype, I'll be happy to eat my words.

But saying they're doing better than Sharp is simply saying they're not doomed quite yet.
 
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News Comments > Death Rally Free Weekend
5. Re: Death Rally Free Weekend Nov 9, 2012, 17:41 killer_roach
 
Sho wrote on Nov 9, 2012, 16:11:
I played it on my Android tablet for two hours or so in bed the other day, and while it's not exactly a super-engrossing experience or anything, it was fun and kept me going with well-dispensed rewards and stuff to aim for.

Pretty much this. It's a good few hours' worth of gameplay, and the price is good for what the game offers. Ultimately you're going to wish there was more to it, but you can't find too much fault at the price it goes for.
 
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News Comments > Morning Legal Briefs
6. Re: Morning Legal Briefs Nov 9, 2012, 15:57 killer_roach
 
Smellfinger wrote on Nov 9, 2012, 13:41:
The DMCA has allowed corporations to censor the internet since the late '90s. When is America going to be sanctioned?

Technically, corporations can't censor anything. What DMCA does, however, is give corporations the power to bug government to censor the Internet on their behalf.

Which is why, for all the talk of regulation supposedly choking off American enterprise, it keeps going on - the people already in the game love it, because the more regulated an industry is, the less likely new competition is to come in (and, if they do, the more likely it is they can drive them out through legal means).
 
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News Comments > Morning Consolidation
5. Re: Morning Consolidation Nov 9, 2012, 15:55 killer_roach
 
strong placebo wrote on Nov 9, 2012, 13:33:
15 years ago if someone said SONY would fail, I would have thought it very unlikely.

I agree with Beamer -- a good plasma out does a good LCD anytime. The grays and blacks on a plasma are hard to surpass. the cheaper plasmas are a different story though.

Biggest issue with plasmas anymore is weight and power consumption. No matter what you do, a good plasma's going to use several times more juice than an LED.

But yeah, Sony's TV business is what's making them head off the rails, mostly borne out of an identity crisis in their market positioning. They're not high enough quality to compete with Samsung, but they're not cheap enough to compete with Philips, LG, or Vizio. They're just occupying a weird middle ground that doesn't seem to make them particularly palatable to anyone.
 
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News Comments > CoH2, Metro Last Light, and South Park Game Delayed
34. Re: CoH2, Metro Last Light, and South Park Game Delayed Nov 6, 2012, 11:36 killer_roach
 
Parallax Abstraction wrote on Nov 6, 2012, 09:20:
ASeven wrote on Nov 6, 2012, 08:39:
Apparently the CEO wants to put THQ for sale.

I remember hearing a while back (maybe on the Giant Bombcast) that THQ's been quietly up for sale for a long time now but no one's interested in the company (and their debt), just the IPs and maybe a couple of the studios. At the rate things are going, those parties can just wait until they're bankrupt and get them for practically nothing. Some people on the SaveTHQ.com forums are also speculating that they'll get scooped up by a private equity firm which likely means the games in development will come out, they'll take most of those profits and then cut the company up and sell it off.

Bullseye. THQ's satellite studios are likely worth much more separately than THQ as a whole is, and the debt is the reason why. A private equity buyout followed by a bankruptcy proceeding and dismantling seems the most likely course of action.

EDIT: With the stock drop today, THQ's market cap is less than the budget for most AAA games. Let THAT sink in.
 
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News Comments > Free Battlefield 1942
19. Re: Free Battlefield 1942 Nov 5, 2012, 16:16 killer_roach
 
Sleeeeepy wrote on Nov 5, 2012, 16:05:
Hmm can't get into origin right now, guess related to this.

As for some hidden agenda, it's a nice gesture that cost them very little money, and I think the only "ulterior motive" would be to push Origin a bit more into people's mindspace. Honestly, everyone wins. If you don't consider it a win, don't download it, move on with your life unmolested.

Around here there's people who fully expect EA to molest them, seems like.
 
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News Comments > Free Battlefield 1942
6. Re: Free Battlefield 1942 Nov 5, 2012, 14:42 killer_roach
 
shihonage wrote on Nov 5, 2012, 14:21:
So they are still trying to get people to run their Steam knock-off next to Steam in systray huh.

I am not buying any games that use Origin exclusively. Conserving system resources and the amount of DRM shit that constantly runs in background.

Did you know that Dragon Age installs its own Windows Service just to d/l Dragon Age DLCs?

Uninstalled that too. But it left the service behind.

If you're that worried about Origin's system resource usage, shut down Steam when playing an Origin game. (Origin uses less resources anyway.)
 
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News Comments > Morning Mobilization
3. Re: Morning Mobilization Nov 5, 2012, 13:55 killer_roach
 
Verno wrote on Nov 5, 2012, 09:20:
I don't place $20 of value in mobile games but I wish them good luck.

Oddly enough for them, the only top-end Square-Enix iOS games I own were ones that got put on sale for 99 cents (FF1, FF2, and Chaos Rings).

That being said, they don't need as many sales at the $20 price point to break even, while at the same time they're taking a gamble on a combination of name recognition and high production value being enough to convince people to part with that amount of money.
 
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News Comments > Saturday Metaverse
4. Re: Groupon Nov 5, 2012, 05:45 killer_roach
 
Frijoles wrote on Nov 4, 2012, 11:20:
Groupon is basically QVC on a phone, IMO.

Except Groupon might be even more personnel-heavy than QVC. That's why the stock is in freefall - having numerous different local sections, each with their own sales staff, it's an approach that incurs a lot of ongoing costs without any good way of reducing that downside risk, and the further they expand the more they run into diminishing returns.
 
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News Comments > Sunday Mobilization
2. Re: AnandTech - iPad 4 GPU Performance Analyzed. Nov 5, 2012, 03:09 killer_roach
 
Fantaz wrote on Nov 4, 2012, 19:09:
Those are pretty impressive results... safe to say it blows away the PS Vita in terms of graphics performance.

That should be a given. The iPad 3 had basically the same GPU as the Vita, but it also had greater memory bandwidth. The SGX554MP4 in the iPad 4 is a generational leap ahead of what was in the iPad 3 and the Vita.
 
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1471 Comments. 74 pages. Viewing page 29.
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