Electronic Arts and Take-Two Interactive (who's not seemingly very interactive in this case) are still engaged in a struggle as to the negotiations pertaining to the acquisition. It's been going on quite a long while now, and still there's no clear light at the end of the tunnel. Well, at least it gives Michael Pachter something to do. More forecasts from the analyst of Wedbush Morgan on the possible outcomes of this whole drama-filled take-over dance.

 Michael Pachter is at it again, analyzing and giving his thoughts on matters concerning the game industry. This time, he laments how much money could have been made if a timely game tie-in to the blockbuster The Dark Knight was released. He says Warner Bros. and EA may have missed out on US$ 100 million. More after the jump.

Wedbush Morgan Analyst Michael Pachter thinks that E3 is "heading for extinction soon" because it doesn't address the core constituents of the industry, namely, media, retail, investors, and consumers. Want to find out more, then check out the full article.

More unhappy predictions for ESA, the organization behind the annual E3 convention. Hal Halpin, head and founder of the ECA (a non-profit organization dedicated to the interests of gamers), believes that more companies are likely to leave the ESA. Sounds like E3 is headed for some tough times. More in the full article.

The saga continues...at least, when it comes to the Electronic Arts and Take-Two Interactive take-over bid. And in this particular story, Take-Two will still play coy and refuse any advances made by EA. At least, that's what's industry analyst Michael Pachter predicts. More in the full article.

Eyebrows were raised when word of Electronic Arts filing for a loan to support its campaign to acquire Take-Two Interactive broke out. However, if there's one guy who wasn't surprised, it's the good 'ol Michael Pachter who claims he knows exactly why such loan was necessary. Find what he has to say at the full article.

'Tis the season for submitting fiscal year reports, it seems. While we heard from THQ last time, Activision has now stepped up to the plate to report the results of its fourth quarter and 2008 fiscal year. More financial statistics follow in the full article after the jump.

If you were worried about Midway, what with its rather bloody-looking first quarterly earnings report for the year of 2008, then fret not, as Wedbush Morgan's own Michael Pachter thinks that this year will be a good year for the company. In fact, his own firm is telling investors to hold on to Midway shares, as they truly believe that they're going to bring in the dough soon enough. All the details in the full article.

According to Wedbush Morgan analyst Michael Pachter, Activision had a very good Q4 fiscal year. He has predicted that the company will be showing more than just the expected 12% growth that was indicated in the company's guidance figures. To find out more, be sure to check out the full article.

Take-Two turned heads when it gave EA a stunning rejection on their highly publicized acquisition talks. Not everyone, however, is impressed. The Wedbush Morgan analyst says this was a mistake for the Grand Theft Auto 4 (Playstation 3 and Xbox 360) makers, and it may haunt them in the future. Find out the reasons why he thinks so by reading the full article.