They need a capital infusion to grow.

Nobody comes in to bid on that. They wait for the body to stop twitching, then swoop down and pick the meat off the carcass.

There are 5 million people who really believe they are getting an Xbox 360 relatively soon, by February. Microsoft has shipped 500,000 units, so 4.5 million people are doing nothing. That’s enough to just kill...

Clever and different and new doesn’t necessarily work unless you convince consumers that they really want it.

I think they are very close to the edge with the banks. If the business plays out the way I think it will play out, they won’t trip the covenants. I think they are not...

NPD US retail video game software sales data for the January quarter implies that Take-Two’s sales are down 40 percent compared with the prior year quarter.

We believe that industry sales have been quite weak since Take-Two’s late October negative preannouncement, primarily due to consumer malaise and a shortage of Xbox 360 hardware… Given weak November NPD sales and Electronic Arts’...

[As such,] only one in 16 people need to rent an extra movie in the new extended rental period to offset the late-fee loss, and that’s not that hard to get, … When you let...

The guys who’ve got the proven titles are going to do well. Retailers sell what they know.

The company continues to invest in its future, generating large losses along the way, and we expect this to continue throughout 2006.

… like the health club model, after you pay your 30 bucks a month for 3 or 4 months and you only go once a week, you realize it’s not worth it and you split....

They don’t have any chance of success.

The retailers gives us all products. We need retail.

I think [selling studios] is not the right move. The first thing the company should do is shut down everything in Europe. Bruno (Bonnell) is out to lunch. … The guys in the U.S. make...

We believe that Midway’s recent share-price weakness is more attributable to a slow down in purchases by its major shareholder than to a downturn in its business.

If they paid more than $200 million, then I seriously question their judgment.

The analysis is significant, insofar as Take-Two’s overhead has dramatically increased over the last five years.

Although Midway continues [to] generate large losses, we continue to believe that Midway is a potential turnaround story. The company’s cost structure suggests that it can achieve profitability at revenue levels of $300 million annually,...

I don’t think there are four million people in the world who really want to play online games every month. World of Warcraft is such an exception. I frankly think it’s the buzz factor, and...

You need people to buy more stuff. This is a bad downturn.

My guess is they want to sell high- definition discs. You want to get the high-definition monitor owners drooling. It’s clever marketing.

They can manage in a down-3 percent market because they’ve done it for years, … That just means mom-and-pop stores are going to disappear.

It was a perfect storm. One could say it was a bad strategy; I would say instead of bad it was a very risky strategy. Essentially, they played blackjack and put a quarter of their...

Take-Two is cheap and Atari is really cheap. Investors mistakenly look at the group as either being big and going to thrive or small and going to go broke.

We think that the decline in overall sales of current-generation software in December indicates the beginning of a trend that will persist well into 2006, and we anticipate double-digit declines in current-generation software sales for...

I’m not sure that I appreciate why somebody needs an avatar. The question for these guys is, what do they want to be when they grow up?

I’m surprise that the na ‘ vet ‘, of the NFL and its players, … By giving a five-year license and giving EA an exclusive, they’re going to eliminate all of the competition. So in...

It’s killing the market. They did a masterful job of marketing the box and an abysmal job of managing the supply chain.

The worst effects of the transition lie ahead. Although we expect a brief respite from double-digit sales declines in April, when Microsoft is likely to double the supply of Xbox 360 hardware units, we expect...

The longer we go, the easier it is to defer that purchase.

They clearly aren’t in the big leagues. They’re back in the minors now and we’ll see if they can build the business back up.

I don’t know where he came up with 20 million,