NEWS FEEDAtari Gets Another Delisting Warning From Nasdaq
12.28.07
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Don’t shed too many tears though as the Atari of today is just a name brand that has been bought and sold many times over.
Pretty nuts eh?According to Nasdaq, a stock must have a value of at least $15 million to be listed and Atari dipped below that value once again today. They have 90 days to pump the stock value over that dollar amount or they’ll get delisted on March 20th, 2008. With a stock value of $1.44 and a horrible 2 year chart this doesn’t seem like a real possibility.
Seriously, how many idiots are going to buy a stock with a chart like that and no sign of the actual business turning around?
So what will happen to the brand on March 20th? Maybe EA will buy it at a bargain basement price?
Atari deserves this! They have put thousands of crapware titles on shelves. The games that SHOULD have been quality titles were rushed and buggy, like Test Drive Unlimited. I am SO happy to see the end of Atari. The sooner the better in my opinion. It’s also good to see a French company falling apart like this, since everyone knows the French suck ass.
DOWN WITH EA!
Sure, you idiot, cheer for the strengthening of yet another near-monopoly. EA just tried taking over 2K Games, including Rockstar. All we need is yet less choice in the games we see on our shelves. Some Atari games might have sucked, but at least we had the choice to see them. EA doesn’t take a whole lot of chances, and you’d see even fewer games coming out, especially now, in the doldrums of not-fall. I shiver every time I see less choice in the games I play, especially since I’m not limited to just a console or two.