Nintendo could buy EA when they're near Bankruptcy!

[NJ5]

marc said:
EA is insanely overvalued right now. Its market value is still hovering around $5.5 billion and a P/E of around 30 based on their old profitable quarters never mind that they are losing $1b a quarter right now.

IMO, the price is much to high which is why no one is approaching them. Many on wall street actually hyped up EA on a buyout early in 2009 and it has remained high on that speculation. If it were not for hype the company would be around $10/share with a value of around $3b which is still more than I would pay for them.

Nope the best deal on wall street was TTWO and Icahn jumped all over it pushing the price up over $10 a share. THQ is still somewhat reasonably priced but they don't have as many solid IP's. Blizzard of course was bought out by Activision and will probably be run to the ground in the next 4-5 years.

If I were one of the big guys, I would create my own studios. There is nothing worth buying right now.

If you go by PE I think almost all companies are terribly overvalued right now... Bernanke's printing press and all.