Path: utzoo!utgpu!news-server.csri.toronto.edu!cs.utexas.edu!tut.cis.ohio-state.edu!uc!cs.umn.edu!msi-s0.msi.umn.edu!noc!ns!logajan From: logajan@ns.network.com (John Logajan) Newsgroups: comp.sys.atari.st Subject: Re: Atari Stock Message-ID: <1990Aug23.180043.28497@ns.network.com> Date: 23 Aug 90 18:00:43 GMT References: <1990Aug23.032316.2096@chinet.chi.il.us> Organization: Network Systems Corporation Lines: 23 saj@chinet.chi.il.us (Stephen Jacobs) writes: >Approximately 82% of the common stock of Atari Corporation is in the hands of >insiders. The action of the stock price is not comparable to the action of >the price of a broadly held stock. This would seem to imply (I know nothing of the stock market) that just a fraction of the stock outstanding is being trading by the insiders (presumably to outsiders) and that this has a highly leveraged effect on the overal price. True? >For Atari to have another decent quarter, they don't have to do anything new. Here where I work, Network Systems, we just previously had the two best quarters in the company's history, yet our stock (after nearly doubling) has fallen again (nearly in half of the previous high.) From our current price, one might conclude that we have accomplished nothing! Stock prices and company performance have some tenuous link, but not enough to make money on the anticipation of such :-) -- - John Logajan @ Network Systems; 7600 Boone Ave; Brooklyn Park, MN 55428 - logajan@ns.network.com, john@logajan.mn.org, 612-424-4888, Fax 424-2853