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Technology Stocks : Take Two Interactive Software (TTWO: Nasdaq) taking off!
TTWO 252.84+0.4%Oct 30 3:59 PM EDT

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To: JakeStraw who wrote (179)1/30/2006 7:54:20 AM
From: sammaster   of 191
 
take two really got hit hard here...
SEC investigation for sure....
lawsuits for GTA costs

short term pain for long term gain...
their underlying franchises are good...
they should be cash flow positive this year to fund the next wave of console games..
huge short position of 25%, and i would think more short with the bad news this past week...means more buyers at some point...

management may have messed some things up but the underlying company is strong...
with cash with no debt going into next console cycle will mean unlikely chance on bankruptcy
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