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July 22, 2005
Mixed Reaction To San Andreas Recall
I've seen lots of negative posts on the Grand Theft Auto sex scenes and product recall from consumers. Here's a report on the take from financial analysts.
Wedbush Morgan Securities’ outspoken Michael Pachter was more critical in his reaction. “We are disappointed that this type of content was included in the game in the first place,” he wrote. However severe his disappointment might be, Pachter sees little enduring damage to the company’s standing among investors. “We do not expect any long-term impact on GTA: San Andreas sales due to the product recall and later release of the new version. … Notwithstanding the large negative financial impact, we believe that investors should view this as a onetime charge.”
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Posted on July 22, 2005 12:41 PM by recall225.
Filed in Reports by Consumers under product recall.
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