Lingyis on 01 August 2007
or, yahoo japan: http://quote.yahoo.co.jp/q?s=7974.o&d=c&k=c4&z=m&t=1d
5% is pretty substantial for a stock with $70bln market cap, although NIKKEI itself is down over 2% on the day.
given the subprime climate, there would be continuous credit squeeze around all capital markets. my opinion is that it'll be a bear market for at least another 2, 3 weeks. after which... see-sawing for a while.
i'll be quite happy if towards the end of the week nintendo is trading at around 50,000 yen, because that should be enough safety margin to buy given the strengthening yen backdrop.
50,000 seems kind of unlikely though. the story is just too good.
the Wii is an epidemic.
