Michael Pachter Quotes

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

- Michael Pachter

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People | Stuff | Downturn |

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EA has a bunch of underperforming games, and I think that the cuts reflect that. Other publishers will cut underperformers as well. - Michael Pachter

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. - Michael Pachter

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 eventually it will come back to the mean, maybe a million subscribers. It may continue to grow in China, but not in Europe or the U.S. We don't need the imaginary outlet to feel a sense of accomplishment here. It just doesn't work in the U.S. It just doesn't make any sense. - Michael Pachter