@zukaus, I didn't mention my opinion to you yet, since I don't think my opinion is worthy. Reason : - I do not stay in US - I do not really follow US game company - I do not follow US stocks, only index (only DJ, Nasdaq, SP 500)
Since you asked for my opinion, then : - I believed that Houser's comment re Riccitiello is only to keep EA interested and extend their offer (to prevent what happened to Yahoo bid from happening to T2 bid). - I believed that this extension is to see whether GTAIV can keep T2 afloat or not. If GTAIV sales couldn't keep T2 in green (sales worse than expectation), then T2 will take EA bid (at $26). If GTAIV sales can keep T2 in green (sales much better than expectation), then T2 will get EA to revise upward their bid (maybe $30 or more). Since I hadn't done any cash flow analysis, review of last 5 years BS and IS, and cash burn rate of EA, I couldn't give a more detailed analysis / opinion.
Personally, I believe that so far, GTAIV performance is under-expectation. I think there is a slight chance (< 5%) Microsoft might be interested to purchase T2, now that their Yahoo bid are withdrawned. However, whether Microsoft are willing or not to buy a game company is a different story. I don't they will do it, unless they can get it for cheap (like they did when they buy Rare from Nintendo). Please note that "cheap" is all based on perspective. What is cheap for EA might be expensive for Microsoft, or vice versa.
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I didn't mention my opinion to you yet, since I don't think my opinion is worthy. Reason :
- I do not stay in US
- I do not really follow US game company
- I do not follow US stocks, only index (only DJ, Nasdaq, SP 500)
Since you asked for my opinion, then :
- I believed that Houser's comment re Riccitiello is only to keep EA interested and extend their offer (to prevent what happened to Yahoo bid from happening to T2 bid).
- I believed that this extension is to see whether GTAIV can keep T2 afloat or not. If GTAIV sales couldn't keep T2 in green (sales worse than expectation), then T2 will take EA bid (at $26). If GTAIV sales can keep T2 in green (sales much better than expectation), then T2 will get EA to revise upward their bid (maybe $30 or more).
Since I hadn't done any cash flow analysis, review of last 5 years BS and IS, and cash burn rate of EA, I couldn't give a more detailed analysis / opinion.
Personally, I believe that so far, GTAIV performance is under-expectation. I think there is a slight chance (< 5%) Microsoft might be interested to purchase T2, now that their Yahoo bid are withdrawned. However, whether Microsoft are willing or not to buy a game company is a different story. I don't they will do it, unless they can get it for cheap (like they did when they buy Rare from Nintendo). Please note that "cheap" is all based on perspective. What is cheap for EA might be expensive for Microsoft, or vice versa.