Government taxation is stupid, but everyone knows that from personal experience. Problem is that taxing corporations is a terrible thing on the surface, but they government is too addicted to its revenues. I work in corporate finance and do you have any idea how many more projects we would do or invest in if we didn't have to take tax expense into consideration? Of course if you do something stupid and it fails you get rewarded in a lower tax bill. Since people don't generally lose money in a year graduated and mandatory taxes are fine, they work. For corporations they are flat out stupid and completely lack good reasoning, but since people love that concept "tax the rich, tax those that got it" well my argument will fall on deaf ears.


As for the analysts we have, they are idiots. Not only do they have a eagle-eye focus on EPS which means little in the gaming industry, but they also have this ridculous belief that they all better fall in line or else. If your earnings are lower than other analysts, what is a ethical company going to do to you? They can try to clear up any misconceptions or mistakes you have, but in the end we can't do much other than hope you buy into our story. If you don't and you give good reasons why not to then the people should reward you if you are right and punish you if you are wrong. Analysts should be more like mutual-fund managers, but they end up being more like PR guys for their covered companies. Sad, but true.