Jan 27, 2006 11:05 PM

Cooper: Sell your Take Two stock

Embattled Grand Theft Auto publisher Take Two Interactive took another two punches to the gut this week. Says Next Gen: Banc of America analyst Gary Cooper downgraded Take-Two’s stock from “neutral” to “sell”, pointing out that the company is burning cash “at an alarming” rate. In the wake of audit committee chairwoman Barbara Kaczynski’s resignation, […]

Embattled Grand Theft Auto publisher Take Two Interactive took another two punches to the gut this week. Says Next Gen:

Banc of America analyst Gary Cooper downgraded Take-Two's stock from "neutral" to "sell", pointing out that the company is burning cash "at an alarming" rate.
In the wake of audit committee chairwoman Barbara Kaczynski's resignation, Cooper also said that he thinks more key resignations will take place.

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