Speaking of the much lauded BioShock, Janco Partners analyst Mike Hickey said that he thinks Take-Two could bring BioShock to PS3, PS2, Wii and handhelds some time during the company's 2009 fiscal year. In addition, he noted that the next game from 2K Boston/Australia could be released during FY09 as well. Another big contributor, according to Hickey, will be Mafia 2, which "likely will go platinum."
As part of the publisher's turnaround, Hickey believes Take-Two is also going to start raising additional capital in advance of the launch of Grand Theft Auto IV next year. "Additional capital could be used to insure liquidity for working capital needs, fuel potential studio acquisitions, and fund future development projects," he said.