The videogame industry as a whole has been a terrible investment for mom and pop investors over the last 20 years, so take the DFC's latest report with a grain of salt. That report focuses on the success of game industry stocks during "last" generation - from PS2 to Xbox 360 - a five-year cycle. The question remains, will 2006 lead to investor anticipation for the new generation only to have things slump again in 2007 - as investors realize it takes time to set up the next generation? Or will investing be smarter this time around?

The complete brief is here.

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