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6. Re: No subject Mar 27, 2008, 03:25 ViRGE
*stuff about how GTA makes T2 valuable*
What you've failed to take in to account is all of the stuff that doesn't make T2 valuable, which is basically everything else. They have no other blockbuster titles planned for 2008, and they're in major hot water over accounting problems. They're lucky they're solvent right now, the FTC and shareholders could rip them to shreds over some of the book cooking they did. They've lost money for the last two years straight and have done so again in Q1 2008. GTA will make them profitable for a quarter, but they'll just go back to losing money in the next quarter.

EA is overpaying for the company, it's not worth the 2B it's valued at and no one else is going to offer that kind of money for the company. Either they sell now, or the moment there's a bit of bad news to drive the stock price down, EA will start their hostile takeover.

T2 is a poorly run company, it's not long for this world.

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