DALLAS, May 13, 2004 (PRIMEZONE) -- Wall Street Futures, a leading news source for small-cap investors, continues to rate Gold Entertainment Group, Inc. (Pink Sheets:GEGP) as a "Strong Buy" in the home entertainment space.
As expected, GEGP announced the launch of its much-anticipated multi-level marketing (MLM) subsidiary, Quality of Life Marketing, Inc., on Monday, May 10; and previously had announced that it doubled its inventory of DVD and video game products from 5,000 to more than 10,000 titles in advance of the launch.
Wall Street Futures believes that the company's strong recent activity points to favorable future news and is closely monitoring GEGP as a company that small cap investors may want to continue considering in this space, particularly at its current price level.
The success of Netflix (NASDAQ: NFLX), whose stock was up more than 8 percent this week on reported subscriber growth, has proven the efficacy of alternative sales models for the home entertainment industry. Wall Street Futures believes that Netflix's decision not to enter the video game market creates an opportunity for another player to establish itself as the one-stop resource for all DVD and video game products. GEGP's multi-level model may be attractive for many consumers from both a personal business and customer service standpoint.
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