EllensProphet on 10 December 2007
| skywalker2007 said: Maybe Nintendo has done something internally to eliminate its currency risk. Thus, now the weaker dollar is better for NTDOY. |
In the quarterly report Nintendo said that it has hedged the declining dollar. They did not elaborate. I agree that NTDOY's valuation seems more stable priced in dollars than it does in yen. It has been a heck of a run for a mega cap.
The urge to play is a terrible thing to waste.
