Path: utzoo!utgpu!news-server.csri.toronto.edu!mailrus!cs.utexas.edu!swrinde!zaphod.mps.ohio-state.edu!ncar!noao!asuvax!mcdphx!mcdchg!chinet!saj From: saj@chinet.chi.il.us (Stephen Jacobs) Newsgroups: comp.sys.atari.st Subject: Re: Atari Stock Update (hit n now if you don't want to read this) Summary: Let's meet in 6 months and see Message-ID: <1990Aug24.060014.28210@chinet.chi.il.us> Date: 24 Aug 90 06:00:14 GMT References: <1990Aug23.032316.2096@chinet.chi.il.us> <1990Aug23.160044.25447@cunixf.cc.columbia.edu> Organization: Chinet - Chicago Public Access UNIX Lines: 32 Ok. My basic stock market credential is 28 years of experience. I won't go into the book training, but there's some of that too. And the fact that Chris Mauritz thinks stock in the hands of insiders can be ignored again shows that he thinks with his wisher: what happens when Jack wants a bit of cash? Could he maybe sell stock equivalent to half a percent of what's on the market? Would that have an effect? Wanna tech stock that's lost half its value lately? Try Lotus Development. I'll sell you some nice $10 puts on Lotus that'll be worth something when it goes bankrupt. I mean, if losing half its stock market value means a company is going down the tubes..... Is the stock market efficient? Over some time span, sure. Mostly. Every big day-to-day move shows that it isn't efficient in the short term. Every corporate surprise shows it has some longer-term inefficiencies. But this is the Atari ST group. The question is whether Atari Corporation is going to be there, in the computer business, giving whatever backing they give users, in the future. Chris Mauritz doesn't say it right now, but in the past he's sure said that Atari is about to fold. Now he's just saying that they'll be too weak to do anything for their customers. So here are some nice concrete predictions that mean something to customers. Redeemable in six months (gimme a week: March 1, 1991). The program of exchanging defective items for a fee will still exist (that's a pretty good repair policy for a computer company). There will be STe-s for anyone who wants to buy them. All 3 announced sizes of STacy will be available to anyone who wants one. The TT will be in the hands of developers. At least one major system software improvement for the ST will be a topic of discussion, or perhaps available. Not very spectacular, but Atari hasn't been spectacular in a while. What it is, is the kind of things that wouldn't be there if the company folded or was crippled. And just for jollies: let's say another 3 cents a share earnings reported in November, and a nickel in February. But that's kinda beside the point. So far nobody's told me to shut up. If you want me to, email me. Steve J.