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Gamers' Alert, the World Cyber Games are Live in SF

by Alan Fein

Laptop Battery "Years of playing video games in my room finally paid off ma, I won the World Cyber Games in San Francisco this weekend," some lucky kid is going to mutter to his mother this week.

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Microsoft Oct 11, 2004 (AXcess News) San Francisco - Can you believe $400,000 is at stake? For playing electronic games? It's true.

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Laptop Computers Seven hundred gamers from 60 countries gathered to celebrate the beginning of the world's largest PC and Video game festival, where they will compete over the next four days at the Bill Graham Civic Auditorium for $412,000 in prizes and international honors.San Francisco Mayor Gavin Newsom officially opened the 2004 World Cyber Games wednesday, praising organizers for choosing a host city that "serves as the center for new ideas and innovation."

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Laptop Computer South Korean-based Samsung Electronics Ltd (OTC: SSNGY) Vice Chairman and World Cyber Games Co-Chair Jong-Yong Yun addressed the crowd. "The WCG is gaining international recognition as the premier gaming and cultural event in the world," he said.

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Desktop Computer Professor Henry Lowood of Stanford Universityacted as Chief Referee for the contestants. Dr. Lowood is the curator for Stanford's History of Science and Technology Collections.

Notebooks Lowood was quoted as saying his favorite game was Warcraft.Advertisement

Lenovo Samsung has been a key component in organizing the World Cyber Games beginning with its launch in 2000. But in four years sponsorship has grown in parallel to gaming and now events like the World Cyber Games are creating winners who will go on to become as popular to gamers as Tiger Woods to golf. Or at least that's what some of the sponsors are banking on.

Hard Drive Milpitas California-based Creative Labs, Inc. (Nasdaq: CREAF) was involved this year. Creative, one of the leading providers of digital entertainment products for PC users, debuted its new PCMCIA Sound Blaster Audigy 2 ZS Notebook at the Games. The notebook plugs into any notebook computer's PCMCIA slot and enables users to listen to PC games on a notebook in 5.1 and 7.1 surround sound and play back their MP3 music on their notebook with a dramatic improvement in audio quality.Behind Samsung and Creative Labs came Nvidia Corporation (Nasdaq: NVDA). Standard & Poor's upgraded Nvidia to "avoid" from "sell" based on improving demand in the desktop PC market. The upgrade came the same day the World Cyber Games began.

Travelstar Known for its Graphics Processing Units (GPU), the Nvidia's products help make gaming action more life-like and faster and the company may be hoping to gain some exposure through the World Cyber Games. Shares of Nvidia closed down 84 cents Friday at $14.51 following a story in Motley Fool by Tim Goh about ATI Technologies (Nasdaq: ATYT) performance for the period.ATI almost tripled profits in the fourth quarter, with net income of $61.2 million compared with $22.3 million a year ago. Fourth-quarter revenue rose from $380.7 million to $572.2 million.

It was ATI that won the deal to supply its graphic processors for Microsoft's (Nasdaq: MSFT) Xbox 2.And if your wondering who won... Wait, the Tournament's not over. Group plays are through, after four days of building an argument for carpal tunnel syndrome. Saturday, the singles tournment began. But if you want, you can watch it on the WCGTV. Hey, its high-geekdom stuff here, of course you can tune in online.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

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