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Analysts want EA restructuring plan to be more aggresive

by rawmeatcowboy
10 December 2008
GN 1.0 / 2.0

“After 20 months of believing that the EA turnaround was just around the corner, our patience and confidence has eroded. With the stock hovering near a seven-year low, management continued its recent history of disappointment. Just when investors began to believe that things couldn’t get worse, they did, and we believe that investors remain skeptical that management is on the right track.” - Wedbush Morgan analyst Michael Pachter

This could be EA’s fall from grace, which is why they are looking at the situation very carefully. I think these analysts should get off their back!

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