if the stock is going down merely off the GTA announcement it is a miscalculation by videogame goofballs. Halo will sell the systems in September. It may be the most lucrative launch of any entertainment content in the history of media. GTA IV in April is good for the company. A full quarter off the holiday season with a blockbuster product sounds good to me. This is an 18 - 24 month play with at least a double GME imho. Buy the dips.
I have actually been thinking about this. At first I thought this delay is a negative but if you look at the amount of games coming out for the fall/Christmas season, it may end up being a good thing for GME. You see, because of all the games coming out, a lot of them would get lost in the shuffle or at least have lesser sales (people only have so much money to spend for chirstmas and an extra game priced at 59.99 is a lot).
With the delay, it now allows other games to sell even more (Call of Duty 4, Guitar Hero and Halo 3 to mention a few)... I don't think GME is going to give a crap about the delay of the game. They'll make their money off it anyway.
What do you guys think?
BTW, I think Activison is a buy with their lineup...