Sony should quit the electronics business?

[joeorc]

tiffac said:
I know they reduced the losses from they're TV division but I don't think its worth keeping anymore. Just one solid quarter of losses from that division eats up all the profit from the others in a year. Its like a cancer in the company.

exactly

Kaz stated he is cutting production by over all for a 3 year pd. from 2011 to the end of the next fiscal year of 2014 Sony was cutting all TV production by upto 60% on the number of TV production Models, that means the Man power will also be lowered and op/expenses!

Kaz said as much when he took over in APR of last year.. Investor's such as Dan Lobe and his Hedge fund's are Corporate Raider's just like

carl icahn who is also another corporate raider. they are doing this now to try to get at the part's of Sony that are not for sale! They are trying now because soon they will not really have another chance at this, other than cashing out, they will have purchased Billion's of $$$ of Stocks that they will have to wait quite a while, to get ROI and they do not want to wait. they do not care about the People that work or are employed, they just want to get a short term sales, why do you think his hedge fund purchased such large amounts of stock so quickly at such a lower market cap price, if Dan Lobe would get his way, the start of the offer was 20% of the entertainment part of Sony that was just the initial offering that they wanted from Sony to go public, once you let it go public, it than becomes and Open Buyout, and by default a public buyout by vote privilege! they would in effect be able to take the entertainment arm of the company from Sony away from Sony!

that is exactly why Kaz has said its not going public with the entertainment part of the company.