Path: utzoo!utgpu!news-server.csri.toronto.edu!rutgers!cunixf.cc.columbia.edu!cunixb.cc.columbia.edu!es1 From: es1@cunixb.cc.columbia.edu (Ethan Solomita) Newsgroups: comp.sys.amiga Subject: Re: Commodore stock Message-ID: <1990Aug26.010817.9699@cunixf.cc.columbia.edu> Date: 26 Aug 90 01:08:17 GMT References: <90237.145531JKT100@psuvm.psu.edu> Sender: news@cunixf.cc.columbia.edu (The Daily News) Reply-To: es1@cunixb.cc.columbia.edu (Ethan Solomita) Organization: Columbia University Lines: 34 In article <90237.145531JKT100@psuvm.psu.edu> JKT100@psuvm.psu.edu (JKT) writes: >I am fearful that with stock prices this low, C= may be ripe-pickin's >for a hostile take-over. Does anyone echo this fear, or has my >inadequate knowledge of the stock market led me to an unfounded >conclusion? > > Kurt Doubtful. First off, Irving Gould owns 20% of the stock. That is worth many millions of dollars. Second, even if someone puts up the cash to compete with Irving, many of the stockholders are institutions not particularly interested in change. Also, as long as Harry Copperman stays in charge of the U.S., most people will remain faithful to Irving Gould. Finally, you have to remember that if someone buys-out Commodore, they not only pay for the Amiga, but also for the C-64/128 AND the line of clones. >-- > ----------------------------------------------------------------------- >|| Kurt Tappe (215) 363-9485 || Amigas, Macs, IBM's, C-64's, NeXTs, || >|| 184 W. Valley Hill Rd. || Apple ]['s.... I use 'em all. || >|| Malvern, PA 19355-2214 || (and in that order too! ;-) || >|| jkt100@psuvm.psu.edu --------------------------------------|| >|| jkt100@psuvm.bitnet jkt100%psuvm.bitnet@psuvax1 QLink: KurtTappe || > ----------------------------------------------------------------------- -- Ethan Ethan Solomita: es1@cunixb.cc.columbia.edu *Iraq += *Kuwait NumCountries--