Michael Pachter Quotes

One reason they didn't make my number was because they added so much to the reserves.

- Michael Pachter

Tags

Reason | Number | Added | Reserves |

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There are many, many things that are happening that are not normal. - Michael Pachter

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' and Activision's recent earnings warnings, we believe that Take-Two likely experienced weak sales during the holiday period, as consumers continue to shun current generation games while waiting for next generation consoles. - Michael Pachter

The amount involved is so small, I think they sent a strong negative signal to the market for not a lot of money. - Michael Pachter