2009-05-20, 09:13 PM
Quote:Did you not live through the Dot Com Bubble? Or the recent stock market surge? Are you not alive right now during the current U.S. economy issues? These things happen all the time. Investments go bad. People buy Betamax. People bought laser discs. People bought HD-DVD players. Things come along and become obsolete for one reason or another, all the time.
And if those happened everyday, we'd be in Capitalist paradise going from one bubble to anothe---oh wait. This is a conscientious decision on Nexon's part, however, which separates it from your other examples. In those cases, the demand simply isn't there to justify the heavy investment going on. There simply wasn't a backing to keep those stocks strong, and inevitably the bull looked up to the bear staring down. In this case, regardless of which step that Nexon takes, it loses some consumer confidence, which is a lose-lose situation. They'd basically be shooting themselves in the foot if they wanted to make a statement because its THEIR decision whether or not to stimulate demand. This isn't a case where some hedge funds decide to believe that the housing market can continue to grow 700% faster than the growth of the median income, its a case where it serves them absolutelly no good to do anything other than do nothing about the issue.