Thread: TTWO
View Single Post
  #2  
Old 08-03-2007, 01:49 AM
Shoe Shoe is offline
Senior Member
 
Join Date: Jul 2004
Location: Follow me to riches!
Posts: 3,379
Default Re: TTWO

Also, just wanted to add.

I don't think they are going to make any less money on GTA4 just because it is being delayed a few months.

I can see how investors are upset, but de-value the company by 20%+ (plus whatever else it goes down over the next few days) just because future cash flow are going to be delayed by a few months (but they are still going to get the same amount of cash flow from this game despite the delay) seems ridiculous to me.

If anyone can enlighten me to something I am not seeing, please do. Thanks.

I also do not see this company going above $20/share even if it rebounds with a highly successful release, sell if it gets to that point.

Also -- manhunt2 got delayed which I did not price at all into the current decision, but I feel all of the current movement has to do with the GTA4 delay and nothing to do with manhunt2 -- which when it comes out should help the stock rebound as well.
Reply With Quote