ST Alpha - "sitwap - Viacom plans to sell Harmonix -- (link)" (Reading a Post)

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sitwap - Viacom plans to sell Harmonix -- (link)

Posted by crash davis (aka crash davis) Nov 12 '10, 08:44

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http://ps3.ign.com/articles/113/1133586p1.html (ps3.ign.com)

Responses:

they made a terrible deal for it and it's bleeding money. i'm not surprised...nm - x Nov 12, 08:49 5
- I'll predict that whoever buys it will be laughing all the way to Wall St. - crash davis Nov 12, 08:54 4
  - most of the losses recently were more related to huge inventories and the high cost of making cheap plastic instruments.... - x Nov 12, 09:06 3
    - who knows, but being over inventoried in q3 might not be a bad thing when you're core business makes money on Xmas sales - crash davis Nov 12, 09:11 2
      - perhaps. any buyer should be *very* careful about the price they're going to pay mostly what i'm saying... - x Nov 12, 09:15 1
        
        yeah, I have no idea what they paid. I do think its interesting that they won't wait to see how the new tech plays out, but maybe a sale would take - crash davis Nov 12, 09:21

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