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Latest | Highest ratedReappraisal of Atari [View article]
I agree with your analysis, but it's important to note that Gardner and Harrison joined Infogrames (IFG) and *not* Atari (ATAR). Also, all intellectual assets including the Atari name belong to IFG !
Since Infogrames (IFG) proposed to buy ATAR at 1.68 (and the deal could fall through and ATAR could sink and be delisted as a consequence !), do not buy ATAR but IFG in case you are bullish on the new CEO.
Details and my point of view here (Google Discussion Group):
finance.google.com/gro...
Since Infogrames uses the Atari name on PR and game boxes there's some confusion and I guess some people bought the wrong stock (ie. ATAR and not IFG) as a consequence.
Buyer beware !