Phantom Console May Never Materialize

Posted by Zonk on Friday May 20, 2005 @08:29AM from the going-once dept.

CNN Money's excellent column Game On is running a piece discussing the conspicuous absence of the Phantom console from this year's E3. The service-based system which was to allow download and purchase of games via a living-room unit has been the subject of dubious press coverage and general mistrust, all of which appears to have been well deserved. From the article: "The company believes, based on past performance, that there is a high likelihood that sufficient capital will not be available ... and many or all of these milestones will be missed and the launch date will again shift and/or the company will go out of business..."

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Hard OCP's expose by PIPBoy3000 · 2005-05-20 08:34 · Score: 5, Informative

HardOCP did a great expose on this company.

Of course, they then sued HardOCP and were generally nasty, so I'm pretty happy about the way this all turned out.
For those who don't know what this is about... by halivar · 2005-05-20 08:35 · Score: 5, Informative

Read all about it here.

There, now I've done my karma-whoring for the day.
Best Evidence that Phantom Is Finished by MBraynard · 2005-05-20 08:37 · Score: 4, Informative

The efficient market theory at work.