noname2200 on 21 August 2009
| famousringo said: Serious question for the financial wizards out there: If a company is sitting on tons of cash, more than enough to pursue any future operations and expansions it might make, does its stock price really matter? I'm guessing that the only real danger is a shareholder revolt booting people off the board, which doesn't seem likely in this case unless Yamauchi decides Iwata is incompetent. Is there anything else? |
Considering how toothless most boards of directors are (and I bet that what little nerve Nintendo's had was beaten out of them decades ago by Yamauchi's pimp hand), I don't think there's even that risk anymore.
