kowenicki said:
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Did Kaz include them in that 10,000? haha, I bet they are rather sober right now. It only took 3 years of a global recession.
Before the PS3 everyone was nice to me :(
kowenicki said:
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Did Kaz include them in that 10,000? haha, I bet they are rather sober right now. It only took 3 years of a global recession.
Before the PS3 everyone was nice to me :(
kowenicki said:
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I hope so and that they stay open minded for a while. Kaz is really a good player in this environment able to deal with Japan die hards and communicate with everyone globally. They are definetly moving forward, its the transition that is killing them. A restructuring is long overdue and if the direction they are headed pans out they will be doing quite well for themeselves. The timing is aweful and its difficult for them to keep everything afloat. Nothing would be better for them now than an economic boom in the US to siphon pressure off the Yen and back to the USD. At least Sony doesn't seem like they are betting on that anymore.
Before the PS3 everyone was nice to me :(
Chark said:
I hope so and that they stay open minded for a while. Kaz is really a good player in this environment able to deal with Japan die hards and communicate with everyone globally. They are definetly moving forward, its the transition that is killing them. A restructuring is long overdue and if the direction they are headed pans out they will be doing quite well for themeselves. The timing is aweful and its difficult for them to keep everything afloat. Nothing would be better for them now than an economic boom in the US to siphon pressure off the Yen and back to the USD. At least Sony doesn't seem like they are betting on that anymore. |
One can only hope. what inside gossip you hear about when Stringer was in charge was just painful. Stuff like investor memos intentionally never being moved up to him.
Sony has been very resistant to change, which is a shame because there is so much unused symmetry that Sony could be working with. The fact that they're suddenly open to this though is almost in a way discouraging. Because it shows how much worse things have gotten.
Is this good or this bad? I think a little bit of both.
They'll at least be able to pay off debts. When they can't, that's when we should really worry.
VGKing said: Is this good or this bad? I think a little bit of both. They'll at least be able to pay off debts. When they can't, that's when we should really worry. |
Well when they can't.... they'll be closing the doors. It's be long past the time of worrying.
That this isn't a regular bond sale is just a bad sign.
They should've saved their ps2 money, that system had all the great games! I guess history isn't always a good indicator of the future.
Chark said: With all this change and things going down with Sony it makes you wonder what Stringer was doing. |
Do you still reccomend buying Sony stock Chark?
VGKing said: Is this good or this bad? I think a little bit of both. They'll at least be able to pay off debts. When they can't, that's when we should really worry. |
How is this good in any way?
fillet said:
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Sony isn't in Chapter 11 just yet. That's the only thing I can think of.
Uh oh. Before even reading it, with kowenicki posting it, it's obviously bad news. And sales2099 posting besides. It's a shame, I was hoping for a Pezus thread.
Ah, well, it's a purchase, which means they're still moving forward instead of simply rolling over. Only time will tell if these new acquisitions help them return to profitability.