PRINCETON, N.J., June 8, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment coverage of video game stocks, including coverage of Midway Games (NYSE:MWY) and Activision (Nasdaq:ATVI).
FindProfit's investment outlook examines the state of the video game industry amid speculation of consolidation, including coverage of Electronic Arts (Nasdaq:ERTS) and Take-Two Interactive Software (Nasdaq:TTWO).
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FindProfit's outlook looks at the following questions:
-- How does Viacom (VIAb) Chairman and CEO Sumner Redstone plan to capitalize on his large MWY holding?
-- Is MWY a potential takeover target for VIAb or another large media company?
-- Redstone recently told investors that ERTS was too expensive to be a takeover target for VIAb and that his MWY investment had nothing to do with the media giant. Does that leave companies such as ATVI and TTWO as takeover targets?
-- Has ERTS essentially priced itself out of a potential takeover? Or, is the company still a potential target for a Microsoft (MSFT) or Sony (SNE)?
-- Which video game company presents the most attractive long-term investment opportunity based on execution history and balance sheet?
-- Has Redstone's MWY play put pressure on companies such as ATVI, TTWO and THQ (THQI)?
-- Is consolidation within the video game industry more likely than a media company buying into the business?
AND MORE
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