Bloomberg:Toshiba Shares Rise After Report It May Scrap HD DVD - Blu-ray Forum

aristotles · 02-18-2008, 01:02 AM

http://www.bloomberg.com/apps/news?p...qI&refer=japan

It looks like investors want Toshiba to end it. Sony shares also rose.

Also on on Reuters:
http://www.reuters.com/article/hotSt...00299220080218

hc666 · 02-18-2008, 01:06 AM

Makes sense. They can get through this no problem if they give up now finally.

Will lose alot but, long term, they will be fine as always. They are a great company that will someday make great blu ray players hehe.

actionhank · 02-18-2008, 01:59 AM

sounds like wall street is blu

MotionBlurr · 02-18-2008, 02:04 AM

When a company comes out with a game plan to be profitable again, its stock value rises. You see this a lot when a company announces lay-offs and other cuts.

stockstar1138 · 02-18-2008, 02:14 AM

the stock is up over 6% now in japanese trading. if i had known all this was going to happen early friday morning (like 3 in the morning to get the trade off) i so would have bought some shares.

sj001 · 02-18-2008, 02:20 AM

HD-DVD was a lot of deadweight, now that they are scrapping it, that will be a major plus for them, I can see why their stocks will rise. Though they will lose a sh%^load of money in the process.

02-18-2008, 01:02 AM	#1
aristotles Expert Member Member since:Aug 2007 Location:Canada Blu-ray collection:401 Blu-ray reviews:1	Bloomberg:Toshiba Shares Rise After Report It May Scrap HD DVD http://www.bloomberg.com/apps/news?p...qI&refer=japan It looks like investors want Toshiba to end it. Sony shares also rose. Also on on Reuters: http://www.reuters.com/article/hotSt...00299220080218 Last edited by aristotles; 02-18-2008 at 01:04 AM.

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02-18-2008, 01:06 AM	#2
hc666 Blu-ray Guru Member since:Nov 2007 Home Theater Gallery:7 Blu-ray collection:100 Blu-ray reviews: 26	Makes sense. They can get through this no problem if they give up now finally. Will lose alot but, long term, they will be fine as always. They are a great company that will someday make great blu ray players hehe.

02-18-2008, 01:59 AM	#3
actionhank Senior Member Member since:Jun 2007 Location:Las Vegas, Nevada	sounds like wall street is blu

02-18-2008, 02:04 AM	#4
MotionBlurr Active Member Member since:Oct 2007	When a company comes out with a game plan to be profitable again, its stock value rises. You see this a lot when a company announces lay-offs and other cuts.

02-18-2008, 02:14 AM	#5
stockstar1138 Banned Member since:Apr 2007	the stock is up over 6% now in japanese trading. if i had known all this was going to happen early friday morning (like 3 in the morning to get the trade off) i so would have bought some shares.

02-18-2008, 02:20 AM	#6
sj001 Blu-ray Samurai Member since:Aug 2007 Location:Rochester, NY Blu-ray collection:317 DVD collection:17 Trading Score:5	HD-DVD was a lot of deadweight, now that they are scrapping it, that will be a major plus for them, I can see why their stocks will rise. Though they will lose a sh%^load of money in the process.

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