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nVidia and Infinium to Partner at CES

Posted by samzenpus on from the it's-all-about-the-games dept.

JonLatane writes "It seems that nVidia is going to allow Infinium to demonstrate their Phantom "game service" at their CES booth. Since its inception, Infinium has proven to be rather belligerent about its product and will probably stay in court for a long time."

9 of 132 comments (clear)

  1. Since it doesn't exist by Anonymous Coward · · Score: 5, Funny

    They probably won't take up much space.

  2. Infinium stock tumbles by dannytaggart · · Score: 5, Informative

    In other news, Infinium Labs' stock tumbled 11% today.

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    1. Re:Infinium stock tumbles by ProfaneBaby · · Score: 5, Informative

      It was trading at $0.58 on 2004/12/22 - it closed at $0.90 today (2004/12/30) after peaking around $1.41 at the opening Tuesday (2004/12/28).

      If you bought last Thursday, and sold on Tuesday, you could have made 240% - a modest $1000 investment would have made you $1431 profit.

      If the fax really was a pump-and-dump, it worked.

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    2. Re:Infinium stock tumbles by GrfxGuru · · Score: 5, Interesting
      Look at the 3 month graph of the stock here. Look at the volume starting on Dec 17. They went from trading less than 500,000 shares a day to approx 5,000,000 a day from the 17th to today.

      When there is no external information that would cause the stock to move that much, it is very fishy (as others have said, possibly a pump & dump). These things set off alarms over at the SEC. Unfortunately (or fortunately, if you're in on it), they move verrrryyy sloooowwly.

      It is quite possible Infinium had nothing to do with this.

  3. Does this sound like it's happened before? by homeobocks · · Score: 5, Funny

    News on the Phantom? I guess its killer game will be Duke Nukem Forever.

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    MOUNT TAPE U1439 ON B3, NO RING
  4. Ya right... by Mr_Whoopass · · Score: 5, Interesting

    Far be it from me to call B.S. on something before having seen it, but lately hardware manufacturers seem to be relying more and more on "Press Releases" and benchamrks to garner attention, and thus investor money rather than truly innovating as was the norm only a few years back. Tom's hardware got sick of pandering to the hardware companies claims and said they were going to put an end to it.

    http://www4.tomshardware.com/column/20041011/index .html

    This reeks of a venture capital marketing strategy to me, but I suppose once the show is over and we see what they have to offer, I might change my mind. At the moment though this press release seems more hype than anything else judging from past experience with Infinium.

  5. Reading the article... by cerberus4696 · · Score: 5, Funny

    Reading the article, it seems that Venture Capitalists have given this company $25M without a product, business plan, or even a physical place of business.

    The '90s are BACK, baby!!!

  6. And the next day... by supabeast! · · Score: 5, Funny

    ATI has announced that Infinium will cancel the product and declare bankruptcy at the ATI booth the day later.

  7. Whatever you say... by Albinofrenchy · · Score: 5, Funny

    I dont care what people say, the Infinium and the Phantom console will be a household name in a year. Kind of in the same way Enron was.

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    "A man is but the product of his thoughts what he thinks, he becomes." -Mahatma Gandhi