Apparently, EA thinks it has a license to print money:

http://www.gamespot.com/news/6185976.html

"EA CEO John Riccitiello was the first to admit at last week's D.I.C.E. Summit that his company had made a number of costly mistakes that have opened the door for market-share challengers such as Activision in recent years. However, yesterday EA laid out a wide-ranging counterattack to fend off would-be third-party publisher kingpins. Specifically, the company officially confirmed the next installments in the Burnout and Skate franchises, and also dated Will Wright's long-awaited "sim everything" Spore. EA further said that it expects to increase revenues by an astounding 71 percent to $6 billion for its fiscal year 2011, which ends March 31, 2011.

However, while promising massive revenue gains is one thing, actually delivering is something else altogether. Although the jury will be out for another three years, Pacific Crest Securities analyst Evan Wilson believes EA's rosy projections are entirely feasible, though not exactly assured.

"EA has given us the best case yet that it has overcome its addiction to spiking development costs, game delays, poor game quality, and lackluster innovation," said Wilson"

If you're willing to wait, and you trust EA's ability to execute, this might be a buy.  As they just bought Bioware/Pandemic, I figure they'll easily make that $$.  Bioware puts out good games.  EA's stable is starting to falter, but Bioware/Pandemic are still putting out fresh, excellent games, and have a load of titles that they could put out sequels for that haven't been "sequeled to death".  I'm not a buyer right now, but I've gotten some positive feedback on my blogging on the gaming industry, so I thought I'd post the news.

Also, here's a good read about game sales in January, but it doesn't give any info that someone with common sense and is familiar with the gaming market couldn't figure out already:

 http://biz.yahoo.com/ap/080214/video_game_sales_ahead_of_the_bell.html

Well, Take Two (TTWO) is down this morning. 

I haven't been following my pattern of buying and selling for small gains for the last week or so, although that strategy was very successful in January.  I think I'm going back to the old plan.