The company continues to invest in its future, generating large losses along the way, and we expect this to continue throughout 2006.
More Quotes from Michael Pachter:
You're going to see the Revolution as the second console of choice in the household.Michael Pachter
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.
Michael Pachter
Warcraft is so good and so good-looking that it got this immediate attraction everybody who would ever consider playing an online game said, 'This is the one. I gotta try it.' And what'll happen is inevitably, like the health club model, after you pay your 30 bucks a month for 3 or 4 months and you only go once a week, you realize it's not worth it and you split. That's what will happen with Warcraft ... I think it's going to roll back to a million. I'm not predicting it's going to happen in three weeks I'd guess it has a half-life of 6 months to a year,
Michael Pachter
I think the SEC is very likely trying to understand what industry practices are and see if these guys have the potential to manipulate earnings,
Michael Pachter
Nobody comes in to bid on that. They wait for the body to stop twitching, then swoop down and pick the meat off the carcass.
Michael Pachter
... like the health club model, after you pay your 30 bucks a month for 3 or 4 months and you only go once a week, you realize it's not worth it and you split. That's what will happen with Warcraft ,
Michael Pachter
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Based on Topics: Future QuotesLet's not interfere with justice... Let's let justice speak.
Ricardo Lagos
It is not that the French are not profound, but they all express themselves so well that we are led to take their geese for swans.
Van Wyck Brooks
If money help a man to do good to others, it is of some value; but if not, it is simply a mass of evil, and the sooner it is got rid of, the better.
Swami Vivekananda