Take-Two Interactive (TTWO) was downgraded from Buy to Hold, Citigroup said. $30 price target. Risk/reward is even at current levels, as ERTS will likely win out in its acquisition bid.

should be interesting to see how this moves when they releast GTA4

ERTS Has to Up Its Game to Snag Take-Two
Take Two Interactive told its shareholders not to back Electronic Arts' $2 billion offer, and Michael Comeau says Electronic Arts needs to up the ante.

Click here to watch the video.

games

Video game maker Electronic Arts Inc. (ERTS) on Monday urged, Take Two (TTWO) the publisher of "Grand Theft Auto" to quickly accept its unsolicited $2 billion takeover bid, saying it's only a matter of time before it declares "game over" and pulls its premium offer.

I don’t like the deal for ERTS, says Jeff Macke. The Grand Theft Auto franchise isn't that attractive, says Pete Najarian. There’s nothing there for my money, adds Karen Finerman.

Cramer: When It's Not Safe to Short
Take Two is an example of why it's not always smart to short a stock, says Jim Cramer.

Click here to watch the video.

Video Games Resist Consumer Slowdown
The December U.S. video game sales numbers are out, and video games prove to be resilient in the consumer slowdown. But which ones are the real winners?

Click here to watch the video.

Activision (ATVI) is a buy, Jeff Macke says, as well as Take-Two (TTWO). Also look at BlackBerry maker Research In Motion (RIMM) and Costco (COST).

'08's Most Wanted: TTWO's 'Grand Theft Auto IV'
The latest 'Grand Theft' installment and EA's 'Spore' top gamers' most wanted list for '08, says Priya Ganapati.

Click here to watch the video.

Icahn

Valution doesn't jive with reality

Short - Cramer

software