Sunday, August 5, 2007

Arr matey! Feds raid Wii pirates

Good news for Nintendo that may have gone unnoticed by some investors. Authorities are seriously cracking down on Wii imitators.

In other words, it's knockout time for the knock-offs.

The stock rallied from an early dip on the Tokyo Stock Exchange on Monday and closed down less than 1% at 54800Y. That translates to $57.80US.

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