Nintendo (BB:NTDOY) Great Time To Jump In! Message Board

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Technology Stocks : Nintendo (BB:NTDOY) Great Time To Jump In!

NTDOY 22.18

+2.6%

3:59 PM EST

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To: Watson who wrote (29)	1/14/1997 8:22:00 AM
From: One Who Knows	of 135

NTDOY is an ADR subsidiary of the Nintendo Co of Japan. It sells for 1/8 of 1 share (Nintendo Co trades roughly around $70 bucks now). You buy an ADR so you don't take a currency risk in changing dollars to yen and then back to dollars when you sell. It reacts the same way any toher stock does and could be a good investment short term for claendar '97. If you look at the figures on the N64 and Nintendo software, you realize they are going to make a lot of money this year. You just have to be wonder if the market has already reacted, as it is now selling at a run rate of 9 times sales (very rich).

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