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.

Post new comment

By posting comments on this Web site you agree to abide by the Comments Policy.
The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This image is for testing whether you are a human visitor and to prevent automated spam submissions. The letters in the picture are all UPPER-CASE.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

GamePolitics ShoutBox

Posted 07/06/08 at 01:57pm
BlackIce: It might be just a bit too late now.
Posted 07/06/08 at 12:07pm
Shadow Darkman Anti-Thesis of: Jack, Jack, Jack... When will you learn?
Posted 07/06/08 at 11:38am
tallimar: hmm... youre right, im not getting the right mind frame... "YOU WILL LIKE FRIES WITH THAT!" how's that?
Posted 07/06/08 at 11:36am
gameman9: Nah, he will just scare the customers.
Posted 07/06/08 at 11:35am
tallimar: i think jack's new line may end up being "would you like fries with that?"
Posted 07/06/08 at 11:00am
Adamas Draconis: His fave line. Always thought it should be "They've got me right where I want them."
Posted 07/06/08 at 10:43am
gamepolitics: he's got 'em right where he wants 'em,LOL
Posted 07/06/08 at 10:30am
Silencets: It was a great idea. Just another step in the overarcing master plan off JT...we little people wouldn't understand....
Posted 07/06/08 at 08:35am
Jack Wessels: Yeah I knew that part. I'm just amazed at whatever thought process led him to think that was a good idea.
Posted 07/06/08 at 08:33am
gamepolitics: actually, he also sent similar material to the FL Supreme Court about 6 months before that
Posted 07/06/08 at 08:24am
Jack Wessels: for him and would somehow get Kent in trouble.
Posted 07/06/08 at 08:23am
Jack Wessels: @GP: Wow, I've skimmed that one before, but I never noticed that JT actually thought this was good news....
Posted 07/06/08 at 04:40am
gamepolitics: eraser: see our original story on that:http://tinyurl.com/6nm9oe
Posted 07/06/08 at 12:21am
infect999: because he's an idiot
Posted 07/05/08 at 11:41pm
eraserheadthelynch: why did he send gay porn to the judges?
Posted 07/05/08 at 10:44pm
Jack Wessels: @Silencets: Maybe it'll come to JT soon too, so he can finally complete that show cause order....
Posted 07/05/08 at 04:30pm
Jose_Pedro_Ramirez: No one believed that the ice at the North Pole would ever melt, but...
Posted 07/05/08 at 04:28pm
Haggard: Maybe he thought the judges would appreciate it?
Posted 07/05/08 at 03:27pm
Silencets: I'm sure JT had a perfectly good reason sending gay porn....It'll come to me any day now...
Posted 07/05/08 at 02:54pm
Grendal: once you send gay porn to judges, I'm comfortable calling you crazy
Login or register to post shouts