Razer Is Looking For Input On Their Own Arcade Stick

Razer, maker of amazingly high end peripherals like PC mice, console pads, gaming headphones, as well as making one hell of a concept for a game-centric laptop, is finally going to break into the arcade stick market with the likes of Hori and Mad Catz.

The news of course doesn’t simply stop at, “Check out this cool new arcade stick!” Razer is going the extra mile and putting a special, limited beta testing program in order to truly make this tech the stick of pros.

Up to 200 or more competitive Street Fighter IV players, high profile modders, and arcade enthusiasts can receive their own prototype stick and submit feedback to further improve the product until its final retail form.

But what about you? Maybe you’re the champion for your local region and think yourself as pretty good at a game like Marvel Vs. Capcom 3. Do you fancy yourself good enough to receive your own prototype? If you head over to Razer’s site, you can argue your case. You’ll of course have to provide a convincing reason as to why you should receive a prototype arcade stick still in development. But if you get in, you can consider yourself a part of the elite.

It doesn’t hurt that the stick looks awesome and is made by Razer too. Their stuff might be expensive but you definitely get what you pay for.

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Letter of credit banks see increased business in 1995.(Credit Enhancement)

The Bond Buyer September 5, 1995 | Kamplain, John Letter of credit issuers have received more attention with a spate of short-term issuance over the past year that favors letters of credit as the enhancement of choice and several municipal meltdowns last year that have left investors troubled about credit quality. in our site letter of credit

Letter of credit issuance has risen from $8.17 billion in 1993 to $10.97 billion in 1994, compared to bond insurance issuance which dropped from $107.79 billion in 1993 to $61.36 billion in 1994. By mid-August of this year, letter of credit issuance had risen to $6.06 billion by mid- August.

“We’ve received a lot of growth in the LOC area,” said Susan O’Brien, LaSalle National Bank’s letter of credit manager. “So far this year we’ve issued 16 new LOCs. Last year we only issued 14 total.” O’Brien said that letter of credit issuance this year has a broader range; from corporate issuers like steel mills and strip malls to tax- exempts like health care organizations and charitable organizations and small municipalities.

The increase in letters of credit is due to their flexibility and value, said Lori Becker, assistant vice president at LaSalle.

“Issuers have the added benefit of taking on an LOC with an increase of only 100 to 150 basis points as opposed to a fixed-rate loan which is more expensive.” Becker said.

“There are a lot of new issuers getting their feet wet in the market right now with short-term issuances,” said one rating agency analyst. “An LOC gives them a chance to test their market abilities,” she said.

“L.A. County didn’t want to get an LOC, but they knew without one, nobody would buy their paper,” she added.

“Even New York has recently picked up an LOC for (the short-term) portion of their debt. They didn’t have to, but it made the debt look better.

“When things get better, they’ll drop their LOCs,” she said.

David Bayer, an associate at Credit Suisse agreed.

“When the market got started this year it did well without LOCs,” Bayer said. “But gradually it moved toward the LOC market as Orange County unfolded” and investors’ anxieties increased, even on short-term debt issues.

Lisa Schieffelin, associate director of municipal structured finance for Fitch Investors Service also believes that the rise in letters of credit are a result of investors wanting more assurance on their bonds because of Orange County’s default last December.

“Perception is the game,” Schieffelin said.

“If an issuer gives off the impression that it has problems, then investors aren’t willing to take the risk without enhancement. Nobody’s going to buy the paper without it. You just can’t be in the market without them.” Aside from investors fears, an increase in the number of letter of credit banks has stirred activity as well. go to website letter of credit

“There are a lot of new players in the market now,” Bayer said.

“With the Japanese banks falling out, there are a number of German banks that have moved in that are very competent.” Becker also finds an increase in letter of credit banks good news for the market.

“There’s more ability to market the deal to several different banks. There’s a broader range,” Becker said.

“The more banks, the better for the issuers of the debt. They can shop around and even renegotiate the price,” he said Kamplain, John