That is a 3-year chart for video game powerhouse Nintendo.
I'm not sure whether the stock is forming a magnificent base or is dead.
Morgan Stanley is commenting this morning that the company has confirmed that the Wii console price will be cut to $199 this month. This should help the market overall, but I know a lot of dads who were going to buy one this Christmas anyway. I might want to buy Nintendo on this news (edit: probably not).
Activision was talking late last week about possibly bypassing to consoles all together. I'm still negative on the high end of the market.
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Dell buys IT Services company Perot Systems. Ironic that Dell wants to be IBM.
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