"Back in 1999 and 2007 they used similar tricks to hide the fact sales had totally collapsed. When the market discovered this their share prices was wiped out."
Really. I purchased my first nVidia GPU back in 1999 - a Riva TNT2 Ultra.
Sales were off the charts back then - nVidia has just stolen the GPU crown from 3DFX - did you get the year wrong?.
Looking at nVidia's share price since Jan 1999, I don't see anything like a slump in price until 2008 - and I'm pretty sure the Global Financial Crisis of 2008 might have been more to do with that than nVidia's accounting practices.
"Back in 1999 and 2007 they used similar tricks to hide the fact...
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Last
$97.30 |
Change
0.880(0.91%) |
Mkt cap ! $4.448B | |||
| Open | High | Low | Value | Volume |
| $96.53 | $97.30 | $96.40 | $16.92M | 175.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 102 | $97.12 |
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| Price($) | Vol. | No. |
|---|---|---|
| $97.34 | 400 | 1 |
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