bits.blogs.nytimes.com— This New York Times blog article describes how the release of GTA IV affects Take Two's stock price and any potential deal with EA.
Apr 30, 2008View in Crawl 4
simple, Rockstar shouldnt sell to EA, just make Vice City in the GTA4 engine -- and we'll all buy it again making them another half billion dollars in first day sales.Now get on with it!
When a company is making money, people will still get something out of it. However, if you bet on TTWO before they released their results for the last quarter in 07 (christmax) then you would have make like 50% increase in your money (something like $16 to $26 per share). Day traders are leaving now, because they wanted the small gain (.4% increase in wealth isn't much, but it is better than nothing during a recession). However, I fully expect then to do well with this game, yet it might not pay off until next Feb. But then again, I'm just speculating here. This was the same as apple when they released their earnings for q4-q1, with 80k you would have made 20k (not bad for a week of investing).
GTA is a gold mine, it doesn't surprise me that EA wants to get their darwinian hands on it. Rockstar has created the next gen engine for GTA4, released a game that lives up to if not exceeds expectations, all they have to do now is follow the GTA3 model; apply the GTA formula to new cities/time periods/cultures (ie: Miami in the 80s, California in the 90s) and sell the application of the formula as a stand alone title. Don't think of GTA4 as one game, i'm thinking of it as at least 3 games in this generation of consoles.
I was referring to the people who were on Digg the days before the game came out saying what a great buy it was. There was one guy who said he spent $10,000 on stock because it was massively under valued.
dsmxMay 1, 2008
Actually fifa this year was a good step forward but that's only because Pro Evo is pushing EA to actually do something in the football market.
justice7May 1, 2008
simple, Rockstar shouldnt sell to EA, just make Vice City in the GTA4 engine -- and we'll all buy it again making them another half billion dollars in first day sales.Now get on with it!
fokovMay 1, 2008
When a company is making money, people will still get something out of it. However, if you bet on TTWO before they released their results for the last quarter in 07 (christmax) then you would have make like 50% increase in your money (something like $16 to $26 per share). Day traders are leaving now, because they wanted the small gain (.4% increase in wealth isn't much, but it is better than nothing during a recession). However, I fully expect then to do well with this game, yet it might not pay off until next Feb. But then again, I'm just speculating here. This was the same as apple when they released their earnings for q4-q1, with 80k you would have made 20k (not bad for a week of investing).
enron1985May 1, 2008
GTA is a gold mine, it doesn't surprise me that EA wants to get their darwinian hands on it. Rockstar has created the next gen engine for GTA4, released a game that lives up to if not exceeds expectations, all they have to do now is follow the GTA3 model; apply the GTA formula to new cities/time periods/cultures (ie: Miami in the 80s, California in the 90s) and sell the application of the formula as a stand alone title. Don't think of GTA4 as one game, i'm thinking of it as at least 3 games in this generation of consoles.
metznerMay 1, 2008
ea shouldnt buy gta
cresswgaMay 1, 2008
I was referring to the people who were on Digg the days before the game came out saying what a great buy it was. There was one guy who said he spent $10,000 on stock because it was massively under valued.
planetsMay 2, 2008
Kiss of death? More like the steamroller of death.
qwertydvorakMay 2, 2008
everybody is on the game buying bandwagon right now. wait to buy it and it will help keep sales strong over the long term.
Closed AccountMay 3, 2008
YOU'RE ALL GENETICALLY INFERIOR LEAVE THE GAME TO US ALPHA, YOU DIG?