Top 4%
With all the recent merger and acquisition news recently, people should learn to see them coming... let's look in the videogaming sector which has been doing well during the recession:
Besides EA, Activision, Microsoft Studios, Nintendo, Sony's in-house development team, and SEGA; The big names of videogames in order of popularity are Take-Two (trying to be bought by EA), THQ, Ubisoft (European Company not being traded in US), Midway, and Atari/Infogrames (Infogrames had majority stake and put in an offer to buy the rest of Atari). Do you see the trend? The two smallest players merged and the top dog is trying to fend off blood-thirsty EA. If everything goes through, the only "independent" players we can buy shares in will be THQ (THQI) and Midway (MWY). I could see THQ being bought by SEGA or merging with MWY really easily in the next few months so keep your eye on these two stocks.
Top 2%
PavelR
Apr 17 at 11:24 ET
interesting post...added the stocks to my watch list:))
Top 4%
Lowrance
Apr 17 at 11:40 ET
Once Activision sees what kind of profit they'll be making once all the paperwork goes through on their Vivendi/Blizzard purchase, I could see them snatching up THQI or MWY. But for the sake of competition, I would hope to see THQ, Infogrames/Atari, and Midway merge and try to be a pain the in the sides of Electronic Arts and Activision.
Top 2%
Kohalza
Apr 17 at 12:02 ET
I held THQI shares for a few months until just recently. I did make a small profit on it, but didn't see it going anywhere. You did however provoke my interest, so I'll keep an eye on for news in this area.
Thanks.
Top 1%
guliamo
Apr 17 at 10:03 ET
I can't say I understand this game (literally). Seems to me like companies in this sector are as good as their next game - if it's a hit they rise.. then take another 3 months to release a different game. It's hard to be able to measure the most important metric in this sector - creativeness and execution.. financial reports can't tell you how cool the next game is going to be.. to risky for my blood... you kids have fun though ;)
Top 4%
Lowrance
Apr 18 at 8:58 ET
Well, I usually know if a game's gonna be a hit or not because I play them, talk with people online about them, and am in the GameStop at midnight trying to get my copy... :-D
I don't think Midway's "This is Vegas" game will do that great, but they're still riding on the wave of UT3. Take-Two doesn't like Electronic Arts's offer right now because they want to get all the profit from the new Grand Theft Auto game coming out in the next couple of weeks. It will most definitely outsell Halo3 (Because it's for PS3 and Xbox360). Electronic Arts has some winners of their own this year, as well as next year, and the year after... they are the most consistent for investors because they have multiple franchises and annual sports games.
Top 4%
Lowrance
Apr 25 at 1:34 ET
MWY's not doing so hot right now but if it gets down to 2.12 it usually pulls back up to 2.20s and then just a LITTLE news (almost any kind of news) springboards it up near 3
Top 4%
Lowrance
Apr 28 at 1:34 ET
Rumor has it that Midway Games Inc. (MWY) is in talks with Viacom (VIA).
http://www.qj.net/Midway-to-be-part-of-Viacom-soon-/pg/49/aid/118948
http://www.mcvuk.com/news/30357/Midway-to-join-Viacom
Top 85%
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Apr 28 at 3:27 ET
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