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Saturday March 3, 2007 2:43 am
Stock Sale Gags Nintendo At GDC
Chris Kohler at Game|Life is reporting that a major stock trade in Japan is restricting what Nintendo will be able to say and announce at the Game Developer’s Conference next week. Because of this trade, Nintendo executives and developers will not be able to give any new information to the press due to stock trade laws controlling forward-looking statements. This may cause problems with Shigeru Miyamoto’s scheduled keynote, and any other new product announcements Nintendo might wish to make during the conference. The odd part this revelation is that Nintendo itself requested that the Japanese government initiate the trade, which makes the timing of the request very strange. With Sony already looking to possibly show off their new community features and upcoming game releases like Killzone, and Microsoft also showing off their latest content and hardware offerings, this may push Nintendo into the background.
Read More | Game|Life
- Related Tags:
- finance, gag order, gdc, stock trade
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