A rumour is circling that Toshiba is about to drop it's HD-DVD format, a concession of defeat to Sony's Blu-Ray. A representative from Toshiba claims that no decisions have been made, but they are revising their plans.
Despite the fact that it is a rumour, Toshiba shares are up 6 percent. Looks like it's pretty obvious what the investors want.
Toshiba shares jump
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