Dante Posted March 2, 2007 Posted March 2, 2007 Due to a pending major stock trade, Nintendo executives and developers will not be able to discuss any "forward-looking" information at next week's Game Developers Conference, Wired News learned today. Nintendo developers Shigeru Miyamoto, Eiji Aonuma, and Koji Kondo will be speaking to the press during GDC, but have been given specific instructions to not talk about anything that would constitute new information. For example, Aonuma can discuss past games in the Zelda series, but will not be able to answer any questions about upcoming games like Zelda: Phantom Hourglass. The same gag order will apply to Nintendo executives Reggie Fils-Aime and Perrin Kaplan. It is not known whether this affects Shigeru Miyamoto's keynote address, which will take place at 10:30 AM Thursday morning. More as it develops. Wired News
blender Posted March 2, 2007 Posted March 2, 2007 theres also news somewhere eurogamer of sony lanunching something big. Hope its a psp2. I dont agree with Wired, they should be able to discuss announce games like metroid and smash.e.g. online support hopefully will be news engough. They simply cannot reveal financially sensitve info like a new console.
Gaijin von Snikbah Posted March 2, 2007 Posted March 2, 2007 Id like to see someone gag Reggie and Perrin.
conzer16 Posted March 2, 2007 Posted March 2, 2007 What are Nintendo doing with a secondary offer of shares? This could seriously devalue the company. I'm not all that knowledgeable on the issuing of shares, or share capital, but if they are selling shares on a secondary offering like this, disallowing any discussion on "forward looking information" and then they suddenly make an announcement that could increase the stock price, is that classified as insider trading?
blender Posted March 2, 2007 Posted March 2, 2007 its just a close period. Public listed companies have them all the time leading up to results. Its supposed to stop insider trading.
Charlie Posted March 2, 2007 Posted March 2, 2007 We shouldn't really expect any new info at GDC anyway, seeing as its for the developers rather than consumers. The only thing we got last year was the announcement of The Phantom Hourglass.
Teppo Holmqvist Posted March 2, 2007 Posted March 2, 2007 We shouldn't really expect any new info at GDC anyway, seeing as its for the developers rather than consumers. The only thing we got last year was the announcement of The Phantom Hourglass. Iwata did also mention that Genesis and PCE games would be on VC.
pedrocasilva Posted March 3, 2007 Posted March 3, 2007 Hope it's not true although it makes it's sense. I won't keep my hopes up this time, but it would be nice to be surprised.
DCK Posted March 3, 2007 Posted March 3, 2007 Why does stock reselling prevent Nintendo from talking exactly?
pedrocasilva Posted March 3, 2007 Posted March 3, 2007 Why does stock reselling prevent Nintendo from talking exactly?Aparently because Nintendo want's to try and acquire more of their own stock and they don't want their value to skyrocket after a conference. It might also be a rule, when big amounts of stock autions are being sold, making the value go up by announcing stuff could be considered manipulation, basically they have to keep a low profile. Bad timing really.
McMad Posted March 3, 2007 Posted March 3, 2007 Haha, Cassamassassassamina has been defeated! Err Matt never said expect something from GDC, he said him and Bozon are going to GDC and that he knows about some big games coming this way, so either you put one and one together or you're getting really petty about this. And if there is no new news then all the more reason for me to get a 360.
Tellyn Posted March 3, 2007 Posted March 3, 2007 The fact that no new games have been announced this week and that there will be no news at GDC, his blog post where he shows his insider-ness is contradicted.
McMad Posted March 3, 2007 Posted March 3, 2007 The fact that no new games have been announced this week and that there will be no news at GDC, his blog post where he shows his insider-ness is contradicted. He didn't say new games were gonna be announced goddamit! He said he knew about amazing new ones and that shit ones were going to be announced (refer to last week crappy ports bonanza). I'm starting to see why you all hate him so much, you presume too much from what he says.
The Bard Posted March 3, 2007 Posted March 3, 2007 You're acting like an immature little shit. Just drop this vendetta, nobody gives a rats ass.
Hellfire Posted March 3, 2007 Posted March 3, 2007 The fact that no new games have been announced this week and that there will be no news at GDC, his blog post where he shows his insider-ness is contradicted. I don't get this line of thought where people think that the only way of news coming out is thourgh conferences.
Goron_3 Posted March 3, 2007 Posted March 3, 2007 The fact that no new games have been announced this week and that there will be no news at GDC, his blog post where he shows his insider-ness is contradicted. he didn't say that new games would be announced. Try reading what it says instead of making stuff up next time.
Tellyn Posted March 3, 2007 Posted March 3, 2007 He didn't say new games were gonna be announced goddamit! He said he knew about amazing new ones and that shit ones were going to be announced (refer to last week crappy ports bonanza). I'm starting to see why you all hate him so much, you presume too much from what he says. I do presume too much. He shouldn't have said anything in the first place. You're acting like an immature little shit. Just drop this vendetta, nobody gives a rats ass. Thank you. I don't get this line of thought where people think that the only way of news coming out is thourgh conferences. I don't think that, that was the most popular response in news stories and the thread (including, if I remember correctly, N-Europe's story). he didn't say that new games would be announced. Try reading what it says instead of making stuff up next time. I thought that was the general consensus of news stories and the thread, everyone saying 'GDC is the date'. Didn`t he mention a Wii demos channel? It was hinted.
McMad Posted March 3, 2007 Posted March 3, 2007 One thing Matt messed up about in is blog post is that he called the 'rumoured' channel with original VC games the 'Wii Game Demo channel', now loads of people are thinking that this new channel will offer demos of upcoming games.
Tellyn Posted March 3, 2007 Posted March 3, 2007 I apologise for my vendetta against Matt, I'll stop with the hating now. Forgive me people.
Goron_3 Posted March 3, 2007 Posted March 3, 2007 I apologise for my vendetta against Matt, I'll stop with the hating now. Forgive me people. Tbh it was getting annoying...very annoying.
motion Posted March 3, 2007 Posted March 3, 2007 He said great things are on the way. He never said when those things would be announced. I certainly wasn't expecting anything from GDC.
AshMat Posted March 3, 2007 Posted March 3, 2007 "Not suprisingly, Nintendo is revelaing no nwe info, on anything, because they are tighter than virgin vaginas"
Recommended Posts