lordxixor101
CAGiversary!
Just thinking about this with EA's takeover bid.
EA is trying to force the takeover before GTA IV comes out. Take Two is fighting for this to happen after it comes out (this is via an article at Money.com). So, both companies are under the impression that Take Two is worth more after this game is released. Yet, stock prices are determined on future earnings, so a pretty strong earnings have already been estimated for Take Two.
But, if both companies (assuming with intellegent business people running them) are gambling this, how great must this game be that these companies both think will beat the projected sales estimates?
EA is trying to force the takeover before GTA IV comes out. Take Two is fighting for this to happen after it comes out (this is via an article at Money.com). So, both companies are under the impression that Take Two is worth more after this game is released. Yet, stock prices are determined on future earnings, so a pretty strong earnings have already been estimated for Take Two.
But, if both companies (assuming with intellegent business people running them) are gambling this, how great must this game be that these companies both think will beat the projected sales estimates?