Path: utzoo!utgpu!news-server.csri.toronto.edu!mailrus!cornell!rochester!kodak!sisd!rg
From: rg@sisd.kodak.com (Rich Gortatowsky)
Newsgroups: comp.sys.atari.st
Subject: Re: Atari Stock Update (hit n now if you don't want to read this)
Message-ID: <1990Aug24.234729.7504@sisd.kodak.com>
Date: 24 Aug 90 23:47:29 GMT
References: <1990Aug23.160044.25447@cunixf.cc.columbia.edu> <1990Aug23.181723.19210@cunixf.cc.columbia.edu> <1990Aug24.061358.28487@chinet.chi.il.us>
Sender: news@sisd.kodak.com
Organization: Eastman Kodak Company, Rochester NY
Lines: 35
Summary: It matters?

>From the Proxy statement distributed in connection with the May 15 Shareholder
>meeting:
>
>Jack Tramiel is beneficial owner of 43.8% of outstanding Atari common stock
>Warner Communications is beneficial owner of 24.6% of outstanding stock
>Sam Tramiel is beneficial owner of 1.8% of outstanding stock.
>Other directors and executive officers own about 6% of the stock (by subtraction)
>Amounts of stock equivalent to about 4% of all outstanding are held directly
>or in trust by other Tramiel family members.
>
>Papa Jack has more than Chris says all insiders combined own.  So who do YOU
>want to believe?
>                                     Steve Jacobs

Stock.... Shlock.
Atari US could/may? fold up tomorrow... big deal. I've been (past) an avid
atari fan/ programmer for many a years (can everyone say poverty? Piracy?
blatent MASS theft? Promises? Edsel? I knew we could). The big question is
how much can the consumer get beat. Yell at oil companys for some added
pennys... Support a company that does not support the consumer. It's a mute
point I gather? Regardless... Atari US (<- see!) will NEVER sell me another
item no matter how "good" it is. Fool me once your the fool, twice++ I am.
Besides, w/ Windows 3.0 lookin' MIGHTY FINE and all the goodies/possibilitys
available for PC's why look further? I'd assume consumers want the BEST they
can get for their respective bucks (those that dont pay $2.50 a gallon for gas
when the pump price is 1.09 right?) so why get less in any capacity be it
Mips, support et al. Or!.... are we all perspective edsel buyers?



--
Jeff Gortatowsky       {seismo,allegra}!rochester!kodak!elmgate!jdg
Eastman Kodak Company  
These comments are mine alone and not Eastman Kodak's. How's that for a
simple and complete disclaimer?