Booyah! Mad Money Host Calls T2 a "Total Battleground," Talks Game Biz

Booyah! Mad Money Host Calls T2 a "Total Battleground," Talks Game Biz

March 28, 2007
With Take Two's shareholder meeting looming large for tomorrow, Mad Money host Jim Cramer discussed video game stocks on TheStreet.com's Wall Street Confidential videocast. Of Take Two, Cramer said:
I am curious to see whether Take Two can move. Obviously there's two camps. Bears (are) telling me that Take Two is worthless. (But) the people who are behind the change in Take Two are too smart to ignore. Total battleground.

Speaking of other game companies, Cramer liked the Wii ("Woo, is that something!") and mentioned that he enjoyed playing Tiger Woods Golf on Nintendo's groundbreaking system. The outspoken stock picker was also high on PlayStation 3 manufacturer Sony as an investment. But the Mad Money host was down on Microsoft, citing the Zune and MSN as underachievers and doubting the ability of the Xbox 360 to push Microsoft stock higher:
Xbox is real good, but it can't be a driver.

Among companies mentioned, Cramer was most bullish about GameStop:
This is the best in show demographic retailer and they continue to do the right thing.

Comments

Brokenscope
HD pricings are heavily controlled a new 60GB drive is as much as a new 160 its odd.

Ok help me with my "facts"
the 360 HDD is locked down you can not simply replace it with another drive.

Some videos/mp3s bought off live are locked can not be moved to a USB drive,thus handicapping the 360 futher.

this is a issue however the fail rate annoys me more,so much so I have yet to buy one,I have played with it at a friends house,even ater 2 months had tos end in it plus I know almost 12 others that have had issues and half of them issues with their fixed console.
Those it does piss me off that they charge 100 for a 20gb version from a line of laptop HDs that only cost $119.00 for a 160gb drive.
Actually you can use a western digital bevs drive, if your motivated, an get a much cheaper 20gb drive. You can only use one a big as the largest drive MS has put out, but its still cheaper.
PHOENIXZERO
witch is funny they baned the sale of used PC games.

Phantom
From what I have seen 20 years most things will have online distro,in the next 50-100 online distro will be the new emerging format that then slowly replaces in hand stuff after that.


E. Zachary Knight
True NIN is focused, MS and Sony have shown they are sloppy 2nd to building a console and sometimes try to hard to tact on their own stuff to it needlessly.


Brokenscope
HDMI is not bad but not great either component is good enough you can always get a adapter to change HDMI to component.
to me the 360 fails on at least 3 grounds
1.Hardware the fail rate is to high
2.Hard drive limit (extrunal drives are the pits)
3.First year of live gold should be free(in all a minor annoyance)

the new model is laughable 90nm CPU with HDMI and a black case and new HDD without the fully revised chipset why are they padding the price,plus the 120HD is also a 180$ stand alone,MS has lost all the respect they gained from me laothing sony.....now I am unhappy with both however there is light MS will be fully upgrading the premium 360s later this year with the 65nm CPU/HDMI/120HD,of coarse I bet its the 20GB HD and not the 120,I love MS >>
Brokenscope
how can you upgrade the HD on the 360 when its locked via frimware?

sure you tact on a USB HD or flash drive but its limted to what it can do,last I checked you cant move the downloaded movies to it just saves and MP3s.
As Emeril is to cooking shows (or Iron Chef is to cooking shows), Kramer is to investment shows. He really knows his stuff and he's easily excitable.
I'm not sure that online distribution will fully replace in-hand merchandice. There's always going to be a market for it. Heck, bands are still putting albums out on vinyl, even in the age of MP3s.
I dunno about their policies but Gamestop/EB merger was big, they're still in second place when it comes to selling videogames where Wal-Mart is still way ahead of them. But the company thrives on used game sales, which is where they make the majority of their money. Which, developers and publishers absolutely hate since after the initial sale, they're cut out of the profits being made on each subsequent resale. EB and Gamestop are running on borrowed time though. Once online distribution becomes more popular and eventually a standard, they're going to be screwed when people no longer can trade in for next to nothing for them to resell at a much higher cost. Luckily for them that's still a very, very long ways away.

I'm starting to recall something with their policies that was talked about awhile ago but just can't get it out of the back of my mind and into the part that still works..... Oh yeah, there was that management thing with M rated games from awhile ago where if an employee sells an M rated game to someone they shouldn't have, not only does the employee get fired but so does the manager.... But uhh there's more than that, hmm.
There are currently internet rumors that Microsoft is buying TT and that an announcement will be made early tomorrow. Just rumors.
@ Zachary, what exactly is wrong with the company, can you be more specific?
I've never watched this guy is he really that bad?
@Zippy
Are you talking about HD as in HiDef? or HD as in Hard drive? Cause you can upgrade the hardrive and I will most likely never touch and HDMI port.... I hope... please don't become the standard.... /cry /drm /tinfoil

The hardware is fine. I still think that in the end smart programing can bring the 360 and the Ps3 closer together. Unless of course they make better compilers for the ps3 sooner than expected.
ZippyDSMlee says, "I wish I had Nintendo stock,it nearly doubled after the WII"

Of course it doubled. Nintendo is in the games industry as a gaming company.

MS is a software company in the games industry. A saltwater fish in a fresh water lake so to speak. Their stock will not be affected signifcantly by the Xbox or the games they produce.

Same with Sony. They are a hardware company in the games industry.
I like On the money on CNN better,Jack is so cool :3


"GameStop:
This is the best in show demographic retailer and they continue to do the right thing."
Best in show meaning they seem to have the best looking charts....heheheheh

"Xbox is real good, but it can’t be a driver."
MS made to many mistakes with the 360 they could have been a driver if they had better hardware and let the HD be upgradeable.
--------------------------------------------------------
I wish I had Nintendo stock,it nearly doubled after the WII >>
I love this guy, he's so fun to watch.
I was watching this segment in a hotel lobby.
"[GameStop] is the best in show demographic retailer and they continue to do the right thing."

Proof that this guy is a total loon.
He's also a moron.

GameStop? You've got to be kidding me. From what I've seen of their corporate policies, I'm shocked they are still in business.

Idiot.
I have a hard time believing that this takeover will fix the problems in T2. IT will require a lot of effort from the new management to fix everything that is wrong with the company.
One stock that's been good to me:
Activision. Low in the summer, peaks in the winter.
How can people stand watching that guy? All he does is freakin yell at the camera.

GamePolitics ShoutBox

Posted 07/04/09 at 07:26pm
Erik: Jack if you are reading this you are a LIAR. There is no legal weight to the MPAA's ratings.
Posted 07/04/09 at 07:24pm
JDKJ: I still think my buddy the midget who rides a unicycle backwards while juggling four bowling pins would have been a much bigger hit with that crowd. And he can make up statistics and misinterpret studies, too.
Posted 07/04/09 at 06:33pm
Alyric: Of course, Mark falls into the common trap about Columbine, which had nothing to do with bullying, etc. See: http://slate.msn.com/id/2099203/?GT1=3256 for a more thorough explanation.
Posted 07/04/09 at 06:32pm
PHX Corp: Read this http://www.destructoid.com/sgc-09-liveblogging-the-jack-thompson-debate-138502.phtml#ext
Posted 07/04/09 at 05:54pm
PHX Corp: JT is afraid of such ban then advocates it That's what i call a total Hypocrite
Posted 07/04/09 at 05:50pm
PHX Corp: AE: JT is a -Bleeping- Jackass
Posted 07/04/09 at 05:07pm
Andrew Eisen: JT "knew it would be a good audience." Not what he said on Tuesday.
Posted 07/04/09 at 05:01pm
Andrew Eisen: VG cause violent behavior. VG companies influence behavior to get sales. Yeah, that makes sense. (To be fair, the Twitter feed makes deciphering JT's point pretty tough.)
Posted 07/04/09 at 04:52pm
Andrew Eisen: Yes, it's been proposed but as far as I know it has not been passed. Big difference.
Posted 07/04/09 at 04:50pm
Cheater87: http://www.gamezine.co.uk/news/formats/xbox360/all-violent-video-games-be-banned-in-germany-$1301757.htm
Posted 07/04/09 at 04:49pm
Andrew Eisen: Far as I know, Germany has not banned all violent video games.
Posted 07/04/09 at 04:44pm
Cheater87: Jack wants the US to follow Germany's total video game ban.
Posted 07/04/09 at 04:42pm
Andrew Eisen: Note to JT, it is not illegal to sell kids a ticket to R-rated movies.
Posted 07/04/09 at 04:39pm
Cheater87: Jack said we would be better with no rating sytem.
Posted 07/04/09 at 04:35pm
Alareth: So what was the introduction used for Jack?
Posted 07/04/09 at 04:31pm
JDKJ: Heard one, you've heard 'em all. He repeats the same act, with the same half-truths, over and over.
Posted 07/04/09 at 04:31pm
Andrew Eisen: Using a credit card as age verification is not illegal. Hope Mark called him on that and his made up statistics.
Posted 07/04/09 at 04:30pm
Alareth: Jack is special, his mommy always told him so.
Posted 07/04/09 at 04:29pm
Andrew Eisen: JT lied about that APA causation thing again. Wonder if Mark called him on it.
Posted 07/04/09 at 04:04pm
Andrew Eisen: Follow the JT/Methenitis debate on Twitter: http://twitter.com/jtdebate
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