No Recession In World of Warcraft

Thank you to U.S.News! It's really about time somebody reported this information.

The game came out on the 13th (7days ago!) and although it was obvious to some of us more studied shareholders that ATVI was going to completely contradict the gloom on retail, NOBODY would report it! As a result, one of the strongest companies on the NASDAQ followed this irrational market straight down after about 4 days of resisting the trend.

"World of Warcraft" is basically the 'heroin' of the internet and many of it's 11 million monthly subscribers would steal 'lunch money' to keep playing. There was no chance that the retail slump would hurt that title (alone accounting for 42% of gross revenue). I was personally a bit bothered by such a lack of attention on the good companies that are still out there. ATVI is positioned to weather this econemy with flying colors.

Todd of AK 3:39PM November 20, 2008