Did you notice how NCSoft eliminated monthly access figures from their key metrics? Now there is no way for investors to assess the health of individual games.

Why? They outright say it is to "safeguard confidential information." The questionf of investors in the Q&A part of the conference call indicate that investors' concerns are that Aion is cannibalizing Lineage and Lineage II numbers (and removing those numbers would help hide the caanibalization). Soon, they can also worry about Chmpions Online and DCUO eating CoH numbers. But is it fair to investors to hide that info?

Also, their 4Q 2008 numbers are inflated due to the Korean won's fluctuation in value. At the tail end of the conference call, they admit that gross revenues may be inflated up to 40% due to changes in currency exchange rates! (40-45% of revenue is from outside Korea, according to the conference call) 4Q 2008 was not at all rosey when you take that into account. The won really tanked the second half of the year. Looks good if you do your accounting in won though!