Special Situation Investing

Sunday, August 13, 2006

Take Two Interactive (TTWO) update

The July video game sales numbers just came out and they are fairly encouraging. Aggregate industry sales are up 22%. Take Two Interactive (TTWO) saw even larger gains as described in the article:

Meanwhile, Take-Two Interactive Software Inc.'s shares dropped 2 cents to $10.62 on the Nasdaq. The company saw sales rise 34 percent, helped by easy year-ago comparisons and gained one percentage point of market share to 8 percent.

Note the casual reference to the market share increase of 1%. When you break it down, going from 7% to 8%, this translates into a 14% gain in market share.

I wrote a post earlier this week on TTWO as a value play, it is accessible here.


Post a Comment

<< Home