joeorc said:
come on man that's like saying that shareholder's do not have a say on the board of director's..which they do look at what happend to GM share holder's do have quite a bit of say the share holder put their faith in management. shareholder's can vote on thing's if they deem so because if they do have share's then can sure as hell vote. look i am not saying your opinion is not VALID for "YOU" i am saying if such corperation makes a long term investment into a technology the share holder's who may have share's could indeed pressure sony to pull the plug...the BDA all spent money to advance the technology. as a example Sharp invested into Blue laser Diode's to further bring down the cost per diode. you cannot say that if you spent all that money in development to just at the last min. stop production and pull the plug without some valid reason. these are made well in advance Sony made the choice good or bad. the production line's for Blu-Ray were already built. telling the share holder's that sorry were not even going to try to recoup those losses. is BS. you keep saying their choice was they could have left it out of the PS3..when dis SONY start production of the PS3 exactly when was the proto type built. how many design's did the ps3 go through. it's not something you can say but..but the ps2 was $299.00 and yea the ps2 did not have a processor like the Cell, it did not use an advanced EIB like the PS3..SONY releases a $500.00 an $600.00 playstation 3 at launch..do you think sony thought their market share was going to be anything like the ps2's market share right off the bat.barring PR speak...come on there was no way.Sony had too because HD DVD was released to bite into the sale of Blu-Ray not because Microsoft wanted to back HD DVD because they wanted to slow the adoption of Blu-Ray down. 11 to 1 you think those 11 companies are going to let the 1 company keep production of HD DVD optical drives and let all their investment go to waste? that's the point. sit still and let the investment go to waste, or use it. they already spent the share holder's money it would be a crime not to try to get that investment back. |
Shareholders can vote to remove a director but bear in mind many directors would be executive directors with fixed term contracts so you would need to pay them significant compensation to get rid of them. Non-executives you can get rid of cheaply. But we are talking about a huge corporation here with tons of shareholders. Shareholders are not going to call a members meeting, get over 50% vote to remove the whole board of directors because they want to release a $600 console with blu ray built in. There is no way that is going to happen in the real world. But aside from removing the board there is absolutely no other say they can have in the matter. As I said before what specs the console has a decision for management. If the board decided they want to release a console which has I hate blacks or I hate gays or I hate Jews printed on it then the shareholders may take this extreme step to remove the board but they are certainly not going to do so because they don't like the proposed price of a console or the optical drive it has.
As for the rest of your post you strongly believe what you believe but I am seriously suprised to think that there could be someone who thinks Sony would not have released a cheap PS3 without blu ray if not for HD DVD.
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