wraggster
May 7th, 2009, 16:43
Wedbush Morgan diva analyst extraordinaire Michael Pachter, the man who finds the idea of Apple buying Electronic Arts "retarded," is confident about EA's gaming lineup -- particularly on the Wii -- and is raising the company's stock expectation to $27 (currently $20). Using the royal We, His Analytical Lordship was particularly impressed by EA Sports Active and Tiger Woods, which He sees becoming "blockbusters" on the Wii.
Of course, Pachter can't show his love without asserting his authority with a beating. Warhammer and Spore were graciously cut with love by the soothsayer. He remains skeptical about Warhammer Online's potential, stating that with 300,000 subscribers the game is probably only making about $10 million in profit (which didn't save many staff members) and estimates the game would break even in operating cost if it dips to about 250,000 subscribers. Pachter also isn't confident about EA's attempts to turn Spore into a franchise, noting that that the game "sold about as well as a typical SpongeBob game." Yeah, that's got to sting a little.
http://www.joystiq.com/2009/05/07/pachter-sees-potential-in-ea-sports-active-dismisses-spore/
Of course, Pachter can't show his love without asserting his authority with a beating. Warhammer and Spore were graciously cut with love by the soothsayer. He remains skeptical about Warhammer Online's potential, stating that with 300,000 subscribers the game is probably only making about $10 million in profit (which didn't save many staff members) and estimates the game would break even in operating cost if it dips to about 250,000 subscribers. Pachter also isn't confident about EA's attempts to turn Spore into a franchise, noting that that the game "sold about as well as a typical SpongeBob game." Yeah, that's got to sting a little.
http://www.joystiq.com/2009/05/07/pachter-sees-potential-in-ea-sports-active-dismisses-spore/