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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (5320)	9/4/2005 3:34:34 PM
From: Libbyt	Respond to of 13449

...we may see price rise on Tuesday IMO the fact that this news was released after the close of the market on Friday leads me to believe that the company felt it wouldn't be seen as "positive" news for ERTS. From the Wall Street Journal: "Among individual companies, Electronic Arts slipped 52 cents, or 0.9%, to $57.42 on the Nasdaq Stock Market. After markets closed Friday, the company said two of its top creative executives resigned. Don Mattrick and Bruce McMillan's resignations came as the company faces increasing competition from other videogame publishers." I haven't followed ERTS...so I'm just "guessing" that having two key executives resign might not be seen as positive to some investors? I don't invest in the video game market, and I don't play video games...so this area is a complete "unknown" to me!