Sony slashing jobs, leaving unprofitable businesses

[Kasz216]

DMeisterJ said:

MontanaHatchet said:

NJ5 said:

MontanaHatchet said:
Well if there was ever a time to buy some Sony stock, seems to be me that it would be now.

Actually their stock went up after these news. I wouldn't touch their stock with a 10-foot pole, I think we've only seen the tip of the iceberg.

Well their stock went up since they managed to put a positive spin on the story (a better tomorrow for Sony!). But I still don't see what you mean by "the tip of the iceberg." What are you referring to?

I'm guessing the whole "Sony is doomed" schtick?

Not doomed.  But that EVERYONE thinks it's the tip of the iceberg and they will lay off more workers... etc.