Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

September 17, 2008 -

Following the collapse of a proposed merger between Electronic Arts and Take-Two Interactive, GamePolitics wondered aloud yesterday whether Take-Two might be the second coming of Yahoo. That is, a company which should have accepted a reasonable acquisition offer and saw stockholder equity plummet following its rejection.

Analyst Doug Creutz (left) of Cowen and Co. thinks not. Here's what he told GP when asked if T2 was following in Yahoo's ill-considered footsteps:

I’d say no. YHOO [Yahoo] is clearly a company in decline, with an entrenched management. TTWO [Take-Two] is a company with arguably improving business fundamentals and a management team that I believe was willing to deal at the right price. I also think that MSFT [Microsoft] shareholders were not excited by the prospect of a YHOO acquisition whereas most ERTS [Electronic Arts] shareholders wanted the TTWO deal to happen at a reasonable price.

Nor did Creutz believe that T2 Chairman Strauss Zelnick was in jeopardy in the wake of EA's withdrawal from negotiations:

I don’t think so. Any shareholders who wanted to get out of the stock at $26 (EA’s best offer) had ample opportunity. Anyone who was holding out for a higher price feels the same way as Zelnick – no deal at $26. As long as the business turnaround continues then I think Zelnick is safe.


Comments

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

You'd think that someone would finally contact Jack's ISP and they'd get rid of him.

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

So... f***ing true.

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I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.



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I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

Hmmmm,Doesnt seem Right,I think a pornangrapher,A pervert,jerk and crinimal like Mr.Zelnick is pulling a martha stewart,Surely im amazed i rid myself of T2's stocks,And if wishes were fishes...The world would be an ocean,But that isnt the point is it?

Jack Thompson

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

Nope no libel or slander to be found here.

What was that you said the other day about not being a liar?

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

Agreed with the surprised sentiment that he hasn't shown up yet claiming he'll "Have the pedophile pervert terrorist arrested" ... that reminds me wasn't Dennis supposed to be in cuffs sometime ago? Whatever happened with that, as if I even have to ask? :P Probably as much as will be left of Jack's failed attempt at 'leaving his mark' by year's end, I'm betting.

-- "Jack and listen are two words that don't go together...just like Jack and sanity, Jack and truth, Jack and proof, Jack and win..." -- sortableturnip | http://www.orangeloungeradio.com/

400 Episodes, TEN YEARS and counting: http://www.orangeloungeradio.com/ | Voice of Geeks Network - http://www.vognetwork.com

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

Aww... too bad Jack.

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

All I can do is laugh right now :D

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

Since the news hit, EA's stock has kept going down like the rest of the market (since banks are getting raped), and T2's stock has gone up every day since the news hit.  So I have to say yes, T2 is actually worth what they think they are.

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

HAHAHAHAHAHAHAHAHA!!!!!!! 

JT jumps out of the boat like a rat!

When Life gives you lemons, you find a new god.

When Life gives you lemons, you find a new god.

Re: Analyst: Take-Two NOT the New Yahoo, Zelnick Secure at Top

 (EDIT: Hahahahahaha! )

*Sits back and waits for Jack*

This is going to be fun.

*readies "Lulz-Absorbing Straw" for when Jack appears*

(Been waiting for this, EZK. *Goes off to let Dennis know*)

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I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.



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I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.
 
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Sleaker@Conster - I can say the same thing if you think there's been more than a handful. Until there's an actual study on rates no one can claim to know how widespread the incidence of harassment is. Thus the best we can do is 'there might be an issue' and...09/20/2014 - 11:33am
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prh99Most of it's agitprop clickbait anyway.09/20/2014 - 5:27am
prh99A good reason to stop reading reguardless of view pointhttp://www.theguardian.com/media/2013/apr/12/news-is-bad-rolf-dobelli.09/20/2014 - 5:22am
Andrew EisenWell this is unique! A musical critique of the Factual Feminist's "Are Video Games Sexist?" video. https://www.youtube.com/watch?v=-K4s7cV4Us409/20/2014 - 2:41am
Andrew EisenSome locked threads. Some let them be. So, no, I'm not seeing a problem here. No corruption. No collusion. No ethical problem with privately discussing ethics.09/20/2014 - 12:48am
Andrew EisenAnd still, in the end, Tito made up his own mind on how to handle his site. All 150 or so members went off to handle their own sites in their own ways. Some talked about it. Some didn't. Some changed disclosure policies. Some didn't.09/20/2014 - 12:40am
Andrew EisenThere were two comments other than Kochera and Tito's. One pointed out the Escapist Code of Conduct, another comment was in support of Tito.09/20/2014 - 12:40am
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Kronotechnical reasons. Anyways, I need to get to sleep as well.09/20/2014 - 12:29am
KronoAnd he wasn't the only one pushing Tito to censor the thread. If Tito had bowed to peer pressure, we likely wouldn't have gotten this http://goo.gl/vKiYtR which grew out of that thread. Said thread also lasted until a new one needed to be made for09/20/2014 - 12:28am
Krono@Andrew So it's an example of Kuchera crossing the line from reporter to advocate. And an example of the group pressuring for censorship.09/20/2014 - 12:21am
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