Take-Two Interactive Software, Inc. (NASDAQ:TTWO)
The Company is a global publisher, developer and distributor of interactive entertainment software, hardware and accessories.
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A liitle beat up still but after GTA makes it to the new game systems I think they run higher from here.
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Some excellent games (BioShock, nuff said). Should see a following on that game. If they don't make a sequel they are nuts. If it isn't good this investor is screwed!
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BioShock is full of bugs with no patch in sight so I expect sales to die once word gets around. I sure wish I would have known before wasting $50 on a game that won't work and I can't return (my computer exceeds min. requirements and is up to date). And based on this experience I won't be purchasing any other games from this company.
I give them 2 weeks before slipshod rushed coding catches up with them.
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New game
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GREAT lineup of consecutive releases happens only once in a while.
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Take 2 , OK, thanks I will.
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With new management and a very powerful line up of games hitting or set to hit within the next 6 months, the company is geared to become a very heavy hitter in this market.
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I just baught it yesterday, but I had the same feeling I had when I baught Game Stop. I don't think it will move as quickly as GME but it will grow.
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the gaming industry is one of the hottest right now, and this is a major player who is now looking into the right directions
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Bioshock will be just as bis as GTA, plus Bully was a great game.
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Big releases mean big recovery....assuming they made it over their hump that is.
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Video games are awesome
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Recent regulatory issues have depressed the price but Bioshock's great critical reviews and sale were unexpected. GTA IV will be a huge cash cow in 2008
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Bioshock, GTA, a great year is frankly in the bag for Take Two even with horrible management .
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The Wii continues its success and with lower prices on the xbox and PS3 they should sell more units through Xmas which means TTWO will sell more games. GTA4 will sell no matter when it comes out and I think the 2K sports line looks descent even competing against EA. A good oppurtunity, buy until gta4 is released.
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Buying on a big dip. Waiting for it to shoot up with GTA IV news. The dip was mostly sparked by the news of delaying GTA IV (which will ultimately make it sell better because it won't be competing with Halo 3) and the general market selling frenzy right now. This WILL make money.
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games > most everything else
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This is a good time for game developers. Three fairly new consoles means people are interested in buying more games. And gaming is becoming more socially accepted as a leisure activity for more than just nerds.
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They've weathered the bad press and the games are revolutionary.
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New directors, a refocused direction, new GTA coming in the fall. The new GTA and hot gaming market will drive the stock up until the 1st or 2nd quarter of 2008.
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