Analyst says Take-Two on right path

by Alexander Sliwinski { Sep 26th 2007 at 1:58PM }

Janco Partners analyst Mike Hickey thinks that Take-Two is ready to show investors the money. Hickey says that Take-Two's management turnaround is working well and that higher than expected sales of BioShock and the release of Manhunt 2 will be good for their fourth quarter. Things should only improve next year with GTA IV and Mafia 2.

Then Hickey brings on the crystal ball part. Hickey says that he thinks Take-Two will bring BioShock to PS3, PS2, Wii and handhelds in the company's 2009 fiscal year. Although the PS2, Wii and handheld versions will clearly not be up to the standards of the BioShock we know, the PS3 version would be nice. The whole idea seems unlikely given current information, but if it's all happening a year or two from now it seems plausible. BioShock could always do the exclusivity on a platform for a bit and then transfer over, Take-Two got very good at doing that with Grand Theft Auto back in the day. The real question is if BioShock II ends up being exclusive? There's much money to be made by the return to Rapture.

Tags: analysts, business, finance, janco, take-two, taketwo

Reader Comments (Page 1 of 1)

xXFenixKnight13Xx @ Sep 26th 2007 2:07PM

Bioshock on PS3 I doubt, on PS2?? Why the hell would they? It is a great game and I guess the PS3 peeps can get some love. After weve all gotten bored of it, LOLz!!

Fanboy @ Sep 26th 2007 2:14PM

Stop. Hammer Time.

SeriousKriss @ Sep 26th 2007 2:20PM

I don't think BioShock II will be exclusive. It will be at least on 2 platforms (PC / 360).

samfish (MSDF- Nurse Outfit!) @ Sep 26th 2007 2:20PM

Bioshock II seems more likely to go and spread it's lovin'.
It seems to me it would cost too much money to port it to the PS3 and probably just as much money to down-port it to PS2 and Wii.

Not worth the effort, if you ask me.

The1 @ Sep 26th 2007 2:21PM

They are trading 28 cents higher, might have been a good buy today to make a couple of pennies if you got 10K shares.

SocialDefect @ Sep 26th 2007 2:23PM

Bioshock 2 will be on PC. You can bet your grandma on it!

The Boo @ Sep 26th 2007 2:24PM

All the SDF'ers better hope it doesn't come to PS2 cuz that'll mean that the PS3 is still selling like turds in 2009. I'm all for minigames that involve injecting myself with the wii-mote.

Jerk Face @ Sep 26th 2007 2:29PM

That's what SHE said!

http://www.wii60.com/uploads/1387.jpg

The Boo @ Sep 26th 2007 3:19PM

giggidy giggidy

Shagittarius @ Sep 26th 2007 2:29PM

Bioshock on PS3 confirmed! =P

HB96st @ Sep 26th 2007 2:29PM

M$ better buy T2! but I'm sure they want (T2) top dollar.. But if anyone has the bread, M$ has... BUY!!

vinny @ Sep 26th 2007 2:39PM

honestly i dont even think there will be a bioshock 2, the story was pretty much put to rest at the end of 1

josh @ Sep 26th 2007 4:18PM

Take 2 already said that there would be Bioshock sequels.

RedJoggingSuit(MSDF-Battle Angel) @ Sep 26th 2007 2:55PM

SHOOOOOW MEEE THE MONEYYY!

Pixelantes Anonymous @ Sep 26th 2007 3:32PM

I wonder how the miserable showing from the 2K Sports division is affecting the profits.

I've been a 2K fanboy for a LOOOONG time, and this year will be the first time when I'm buying EA games instead for years. I hate EA. But EA has better sports games this year across the board, for the first time in about a decade.

I know Bioshock is doing great, and GTA IV is coming up, but 2K Sports has like 4 games out this year, and from what I've been reading none of them are doing well at all.