My big expectation didn’t really come into fruition this week. I was hoping Take-Two (TTWO) would Take-Off, but it stayed just about the same, and actually lost money on a few days this week. I think the market already accounted for the GTA cash cow when the stock jumped almost $10 back in February, when I assume the launch day was announced.
Good news, though, Sony (SNE), won’t stop gaining. The PSP is rolling, and the PS3 gathers more momentum every day. Microsoft has been down overall, much of that having to do with uncertainty over the Yahoo acquisition, but when that digital dust cloud has settled, it’ll bounce back.
One more quick surprise, Atari (ATAR) shot up about 12 cents on Thursday, probably because of the news that Infrogrames is going to acquire the rest of the stock it doesn’t own. Atari’s future looks good. See ya next week!
Russ Crandall:
Tyler Miller:
Steve McKay:
Giang Cao:
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