This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Opinion: Sony's PlayStation 1 Rocks

Looking for a hot commodity? See if you have an old Sony (SNE - Get Report) PlayStation 1 gaming console. If you do -- and especially if it's the exact right model -- there's a large group of audiophiles who might be willing to pay up to $60 to buy it. That's assuming you don't want to keep it for yourself.

The original Sony PlayStation 32-bit gaming console, introduced in time for Christmas 1994, used CDs. Remember? Music and computer CDs were a hot commodity back then. For the record (pun intended), Sony was one of the originators of the CD, along with Phillips (PHG - Get Report).

When it came to music reproduction, CDs replaced vinyl LPs and cassettes, only to be replaced by horrible-sounding, over-compressed music files meant for portable use.

But the music CD hung on. A lot of them have been released in the past 25 years.

There are still music CD players available on the market. Some are inexpensive devices -- some are super-expensive, audiophile-quality playback platforms. That fancy term means they sell for thousands and thousands of dollars.

Back to the PS1. I'm guessing that some audiophiles, who were between buying/testing multi-gazillion dollar machines tried using their PlayStation 1 boxes to listen to music. Some were flabbergasted by the results.

It turns out that because of Sony's expertise in CDs, they were pretty good at making CD players as well. The PS1 is no exception.

In audiophile circles, word spread quickly. Thanks to friends and audio visionaries - Michael Lavorgna, reviewer for John DeVore, speaker designer extraordinaire of DeVore Fidelity and others -- fellow audiophiles started gathering up all the special PlayStation 1 boxes they could find.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EBAY $23.80 -0.75%
PHG $26.58 -0.93%
SNE $23.85 -1.12%
AAPL $94.19 -1.04%
FB $118.06 0.54%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs