Take Two News

[Slax]

From Gamespot news item:

Take-Two suffers $8.2 million quarterly loss

Despite a 45 percent rise in sales, the Take-Two publisher's income sinks in its second financial quarter; Top Spin, Cthulhu, GTA PSP set for August-October quarter.

There is more detail at

http://www.gamespot.com/news/2005/06/02/news_6126892.html

No mention of Civ IV along with upcoming titles to be released.

 

[Own]

What's Take-Two?

 

[warpstorm]

Of course, they did just spend $23M acquiring the right to make Civ4...

 

[Hyronymus]

Take-Two is the new publisher of Firaxis games, I thought I read something about Pirates! being published by them too now.

 

[BearMan]

quarterly loss ha, that's notthing
Wait for Q4, I will buy so many civ4 copies in quarter 4 that they will have profit no matter what the rest of the civfanatics do

jokes aside, game development isn't even on year basis budged, not to mention quarter buget.

About the stockmarket in general
IMHO, they should only allow profit-reports in 1 year terms, would kill some of the quick speculation on the stockmarket, also, they should have a buy and sell rule that states that no one can buy or sell the same stocks/shares within a 12 month period or so, that would kill the rest of the "feeling guided market", the only thing left is relastic and long term investments, thats what the stockmarket should be about.

 

[Kosez]

quarterly loss ha, that's notthing

About the stockmarket in general
IMHO, they should only allow profit-reports in 1 year terms, would kill some of the quick speculation on the stockmarket, also, they should have a buy and sell rule that states that no one can buy or sell the same stocks/shares within a 12 month period or so, that would kill the rest of the "feeling guided market", the only thing left is relastic and long term investments, thats what the stockmarket should be about.

I agree. There would be less bubbles too. And people would look not only for profitability but for a long term stability. Which would mean companies could ease of a little bit with their quarterly results, and start doing bussines on a more long term scale. Well, that is what some people wish for.

 

[ironduck]

You really need to know more about equity markets before making such blanket statements.

Equity markets rely on information and liquidity. You just proposed removing both of those. Without that, you can kiss most capital goodbye and your equity will flunder or not be able to be brought public in the first place.

 

[Dearmad]

I agree. There would be less bubbles too. And people would look not only for profitability but for a long term stability. Which would mean companies could ease of a little bit with their quarterly results, and start doing bussines on a more long term scale. Well, that is what some people wish for.

Boy, neither of you know anything about market investments to think this would reduce bubbles and stabilize a market- if anything it would have the opposite effect. Self-correction is better with more feedback into the loop, not less.

 

[ironduck]

Actually, with their proposal of a 12 month sell ban there wouldn't be any market to begin with