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Letter "M" » Michael Pachter Quotes
«The amount involved is so small, I think they sent a strong negative signal to the market for not a lot of money.»
«The longer we go, the easier it is to defer that purchase.»
«The question is, How many of those who didn't buy a 360 in December will now wait for the Sony? Some will.»
«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 giving themselves enough cushion to weather a downturn and it makes me hesitate in recommending the stock.»
«We note that NPD U.S. 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, so we believe that the company is likely on track to meet our revenue and earnings per share estimates for the period.»
«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.»
«After April, we expect monthly next generation software sales to remain fairly stable at around $100 - 150 million through October (representing year-over-year growth of $80 - 130 million), with declines of current generation software sales expected to remain at around $130 - 150 million monthly. We expect relatively flat sales through the summer months, with potentially robust sales in November and December, once next generation consoles from Sony and Nintendo are launched.»
«The retailers gives us all products. We need retail.»
«My guess is they want to sell high- definition discs. You want to get the high-definition monitor owners drooling. It's clever marketing.»
«It appears that 2006 is following a similar pattern to 2000, when the last console transition began. Consumers have slowed purchases of current generation console software while waiting for the opportunity to purchase an incredible next-generation console, the Xbox 360, and its associated software.»

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