TTWO
Board Highlights
Message List Post Message Reply to
this Message

MSG # GO



Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

07/29/18 at 12:11 PM CDT

 

 

READ: 4

RPLY: 1

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4723,`07/26/18
By Jam ok

 

Re: OT - NOK, INTC, AMD

Yahoo Finance has it such that it met revenue and profit metrics.  The currency head winds also made it looked as if revenue was light.  The Euro has dropped some 7% as have many currencies around the globe.

The articles about the results do in fact mis-characterized much of this, including not taking into account the currency issues. That said, the company still has plenty of work ahead, but with 5G kicking in mildy in the second half, it should get easier.

I too think the reaction to the earnings was overdone.  As I said before, it is the Rodney Dangerfiled of the Networking biz, hands down.

Copyright 2014 All Rights Reserved; Patent Pending