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Sony stock drop follows price/delay rumors

Sony's 3.60% drop in its stock valuationRumors of a very expensive and delayed PS3 pushed down Sony stock 3.60% in Japan today.

The Merrill Lynch report which pegged the PS3 as a $900 machine (with optional $100 hard drive included) that might be delayed 6-12 months from its long-touted Spring 2006 release window has begun to cost Sony some serious cash in its corporate valuation.

Sony skeptics might find this cause for cheer, but it's not currently known (outside of Sony, of course) what the components of its upcoming system currently cost and what they will eventually go for as the PS3 gets closer to launch... whenever that is. At any rate, Sony evangelists with a little cash of their own might consider this an interesting time to pick up the stock when it's down--if they're as bullish about the stock's future prospects as they are about the game/chip/disc platform. [Sorry, stock watchers, but we're not actual financial advisors, so please don't take this hypothetical situation as professional advice. Thank you.]

[Thanks, baxter madu, YM, Mr Zsasz, The1, Dave, & Felix; quote: CNN]

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