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Atari Down For The Count?
[ AtariAge ] Atari Down For The Count?
Atari fans are familiar with the "curse" that has plagued the Atari name over the years, resulting in the Atari name and intellectual property changing hands many times throughout its history, most recently to Infogrames Entertainment. While the future of the Atari brand initially looked bright under its new parent, things have decidedly gone downhill recently. Since the creation of a new Atari, Inc. in 2003, its stock has gone from a high of $60 down to its current price of about $2 a share. There have been numerous layoffs and management changes, and now Atari, Inc. is meeting with the NASDAQ board on August 30th to face possible delisting from the stock exchange. Marty "Retro Rogue" Goldberg has written a detailed article detailing the woes facing the current Atari and Infogrames, painting a bleak picture of Atari's future. Please visit ClassicGaming.com to read his informative article.
[Submitted by BitBot]
Atari fans are familiar with the "curse" that has plagued the Atari name over the years, resulting in the Atari name and intellectual property changing hands many times throughout its history, most recently to Infogrames Entertainment. While the future of the Atari brand initially looked bright under its new parent, things have decidedly gone downhill recently. Since the creation of a new Atari, Inc. in 2003, its stock has gone from a high of $60 down to its current price of about $2 a share. There have been numerous layoffs and management changes, and now Atari, Inc. is meeting with the NASDAQ board on August 30th to face possible delisting from the stock exchange. Marty "Retro Rogue" Goldberg has written a detailed article detailing the woes facing the current Atari and Infogrames, painting a bleak picture of Atari's future. Please visit ClassicGaming.com to read his informative article.
[Submitted by BitBot]
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