With single digit P/E and such a yield.... I do not think this sell off is justified. But should not buy it until the trend get better.
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cchow32
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Check this article on ign talking about some signs of Nintendo fading in 2009:
http://wii.ign.com/articles/980/980920p1.html
It raises some good points. Granted it mostly focuses on the Wii and Nintendo still has the DSi, I don't think they will do too well unless something dramatically changes.
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Check this article on ign talking about some signs of Nintendo fading in 2009:
http://wii.ign.com/articles/980/980920p1.html
It raises some good points. Granted it mostly focuses on the Wii and Nintendo still has the DSi, I don't think they will do too well unless something dramatically changes.
Yes....that's why I also short Sony to hedge. I do not see anyway Sony can do better than Nintendo is this environment.
TV lose to Koreans, games lose to Nintendo, operating margin extremely low, a lot of employees but low sales per person....
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