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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Matthew WilsonI meant from a organizational pov end users get it in contract, but any site that would want to use it for 2 factor would have to pay alot of money12/27/2014 - 5:35pm
IanCSMS is expensive? In what country? I get something stupid a month on my contract. I think it might even be unlimited.12/27/2014 - 5:32pm
Matthew WilsonI am still amazed that 2 factor authentication has not become the norm yet. I get sms is expensive, but Google authanacator api is free for any website to use.12/27/2014 - 5:11pm
PHX Corphttp://techcrunch.com/2014/12/27/anonymous-leaked-a-massive-list-of-passwords-and-credit-card-numbers/ Guys change your passwords: Anonymous Leaked A Massive List Of Passwords And Credit Card Numbers12/27/2014 - 3:25pm
Matthew WilsonThis is impressive video editing. basketball tricks with a basketball. https://www.youtube.com/watch?v=OhCQeFX9GSg#t=18112/27/2014 - 2:01pm
MaskedPixelanteDude was at the center of a pretty serious plagiarism scandal back in 2011, and it was widely known he ripped off other musical pieces well before that.12/27/2014 - 9:33am
Kajex@Masked Right, because his work actually composing music for several Metroid games necessitated plagiarism.12/27/2014 - 9:04am
MaskedPixelanteI can't believe Kenji Yamamoto got another job. Then again, his job on Smash was "musical arrangment", so copying other people's work is right up his alley.12/26/2014 - 9:31pm
Matthew Wilsonthe company that hosts it is a cyber security firm, and from what I understand it is the data they they see just shown publicly.12/26/2014 - 8:22pm
Wonderkarpa question about that website, Matthew...how does it know its a cyberattack or not12/26/2014 - 8:06pm
Matthew Wilsonfor those intreasted in seeing cyber attacks in real time check out this site. http://map.ipviking.com/12/26/2014 - 7:51pm
PHX Corp@MP you can add me on XBL and Nintendo Network if you want, I go under TrustyGem(Same gamertag as on Steam)12/26/2014 - 2:01pm
CMinerI blame North Korea.12/25/2014 - 11:49pm
MechaTama31For the last few weeks, the GP site fails to load about 2/3 of the times I try.12/25/2014 - 11:13pm
MaskedPixelanteOK, is GP having trouble loading for anyone but me?12/25/2014 - 9:21pm
Matthew Wilsonits a bunch of script kiddies. ddosing is one of the easiest thing to do,and most companies can not stop it sadly.12/25/2014 - 5:05pm
MaskedPixelanteI like Nintendo as much as the next person, they're pretty much the only company putting out the games I want to play, but that was pretty embarassing to have NNID go down due to overuse.12/25/2014 - 4:35pm
MaskedPixelanteSee? It's NOT a repeat of last year's fiasco.12/25/2014 - 4:22pm
PHX CorpLizard squad is responsible for The XBL/PSN shutdown https://www.youtube.com/watch?v=QSpZvsoWvig12/25/2014 - 4:17pm
IanCOh shut up bitching about Nintendo. At least they advised people to downloading updates before the big day. Sony/MS? Not a peep.12/25/2014 - 3:50pm
 

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