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Mandalore76 said:
Train wreck said:
JTurner82 said:
Pfft, why worry about this.

The same reason why you worry about THQ trading at .12 cents or Sony at $9.50 or Kellogg hitting an all time high today.  Stock prices give an indication of the overall health of a company.  Its an easy way to gague the company between earnings releases.

Might be easy, but it's far from accurate.  Enron had an extremely healthy stock price, but was an extremely unhealthy company earnings wise.

Yes Enron had an extremely healthly stock during the 1990s but the company spent the better part of a decade masking any revealnt information about what was really going on inside the company.  Once the bits and pieces started to filter through, that was all it took to take down the company.

The type of channel checks on a company like Nintendo (or any game/toy maker) is easier so analyst can easily refute what they say.  Enron's business was so complex, they only had Enron's word to go buy.