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at 9:09AM PST on September 14, 2008.
In my suburban community, I haven't seen a Wii since a year and a half ago. In most places in America, the Wii remains pretty much sold out.
However, Nintendo has been reluctant to "ramp up production" because they only do so by increasing productivity at the factories they already have producing the Wii. Nintendo has not really opened many other factories to produce the Wii due to not wanting to have the factories go dormant once the Wii demand decreases. Of course, Nintendo is hoarding some Wii supply for the holidays as they do for every console of theirs each year - because even if the console sells throughout the year, the market is still set to have the greatest demand at the holidays - see last holiday for example.
However, I agree that the rise in this stock has been largely miscalculated and a reality check is needed.
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