In Reply to: What you're looking at is essentially meaningless posted by racerguy on December 16, 2007 at 07:21:32:
All of it sounds true.
And indeed the SONY PS3 have been a bad launch with several misfires and overly optimistic claims. This has caused lack of confidence, and a drop in stock price. (PS2 in is best days gave half the buttomline)
So my question to you is:
Let us asume, that I am correct in saying that since that article, the PS3 finally came in the bestseller version, driving sales dramatically up, is now the right time to buy SONY shares? (Bad sentence structure, sorry)
And how much could the shares go up?
The upturn is strongest in Europe, where the price is much higher, and the profit therefore better.
Secondly, the cost of building the PS3 is going dramatically down, and will end a bit above PS2 levels.
I do not have SONY shares, but your link gave me the idea, that I might have a way to beat the market. If I am correct :-)
P.S I do like to read Financial Times, but I am at the moment far away from a lot of good magazines and newspapers.
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Follow Ups
- thank you for that informative link - Ole Lund Christensen 10:53:14 12/16/07 (2)
- You're welcome - I'm glad you learned something - racerguy 11:09:48 12/16/07 (1)
- RE: You're welcome - I'm glad you learned something - Jazz Inmate 11:17:39 12/16/07 (0)