@nevryn read my post carefully i was not arguing that the recession was based off unemployment, but short term profit gain. Which is what you don't seem to comprehend. You think short term and not long term which is the cancer that is affecting our society. Also my analogy was not poor because it points out that you know nothing about the film industry, and more then likely nothing about investing. No investor in their right mind would go with a director that loses talent. It shows that the person or company has poor relations with their employees, and no one wants to work with nor for someone that has poor people skills. Again you can not argue that people are replaceable on the idea/notion that "someone" out there has that same talent if not more then then the previous talent. Yes you will more then likely "finally" find someone to fill in the niche (notice not replace), but how many rotten eggs are you going to go through that will waste your time and money? Replacing vs filling a niche are two completely separate ideas. I suggest you take some anthropology, business communication, and speech. As for attacking my creditability i find it to be a red herring, especially since you do not list your "credentials" and information. But, this is a game forum so i don't really care. In the end though all this argument does is show the dichotomy of irresponsible corporations vs responsible corporations.
Infinity Ward could lose 20 more, still make 'competitive product' - Analyst
Wedbush's Michael Pachter thinks 10 to 20 departures from Modern Warfare 2 developer wouldn't affect its long-term ability to produce high-quality games; maintains "outperform" rating on Activision.
Today, Activision stock lost nearly 2 percent of its value, closing the day down $0.23 at $11.67. The slip came even though the company increased its guidance for the quarter, thanks in part to massive sales of the first map pack for Call of Duty: Modern Warfare 2. One theory was that news of recent departures of top talent at the $1 billion game's developer, Infinity Ward, was making some investors skittish.
Wedbush analyst Michael Pachter concurs with that theory--and thinks even more Modern Warfare 2 makers are headed for the exit. "We think that recent Activision share weakness has been compounded by additional departures at Infinity Ward which accelerated this week, and we expect another 10-20 employees to depart over the next few months," he said in a note sent out today.
However, Pachter believes that Activision will be fine even if more high-level developers at Infinity Ward jump ship. Commenting on the departure of 11 employees over the past month (with two more exiting today), Pachter said that the brain drain won't be damaging in the long term.
"In our view, the company will likely replace the departed employees with skilled developers, and while increased competition may impact sales of future versions of Modern Warfare, we expect the company to put out a competitive product," he summarized.
Pachter is maintaining his high "outperform" rating on Activision, offering a target share price of $16.
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