Path: utzoo!utgpu!news-server.csri.toronto.edu!rutgers!cunixf.cc.columbia.edu!cunixa.cc.columbia.edu!cmm1 From: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz) Newsgroups: comp.sys.atari.st Subject: Re: Atari Stock Update (hit n now if you don't want to read this) Message-ID: <1990Aug25.152405.341@cunixf.cc.columbia.edu> Date: 25 Aug 90 15:24:05 GMT References: <1990Aug23.032316.2096@chinet.chi.il.us> <1990Aug23.160044.25447@cunixf.cc.columbia.edu> <1990Aug24.060014.28210@chinet.chi.il.us> Sender: news@cunixf.cc.columbia.edu (The Daily News) Reply-To: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz) Organization: Columbia University Lines: 71 In article <1990Aug24.060014.28210@chinet.chi.il.us> saj@chinet.chi.il.us (Stephen Jacobs) writes: >Ok. My basic stock market credential is 28 years of experience. I won't go >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? It doesn't take an MBA to realize that if Jack did that, he'd lose a lot of money and would have to dump millions of shares to see any significant cash. >past he's sure said that Atari is about to fold. Now he's just saying that If you'll look back at my postings, you'll see that I NEVER said Atari Corp. was going to fold iminently. I've just been saying that they are in deep difficulty. Stop trying to put words in my mouth. If you want to quote my words, then do just that. QUOTE my exact words! >they'll be too weak to do anything for their customers. So here are some nice I think this is already the case. Actually, things have been like this for quite some time. For a company which tries to represent itself as a computer manufacturerer with eyes on the business market (hehe), their service is non-existent. They will NEVER sell computers in significant numbers with these policies in place. >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. Big deal. No serious buyer of computers is going to wait weeks or months of downtime to get a computer repaired or replaced. The fact that there are so few Atari dealers out there only makes things worse. There are really few options for an owner whose ST breaks down. If the reduction of ST dealers in New York City is any indication, I can only imagine what things are like out in Idaho or Nevada, etc... Regarding the STe...So what. The introduction of the STe was a non-event. All they really did was repackage the same old 68000 technology in a box with more joystick ports and a few minor hardware tweaks. I'm sure that really took a lot of R & D expense. >TT will be in the hands of developers. At least one major system software Well, if you'd read the Atari annual report, you'd notice that Sam Tramiel has stated (in writing this time!) that the TT will be available for purchase in the second half of 1990. However, we all know what usually happens when Atari people say the TT will be available before time X....WOLF WOLF WOLF!!! FCC!! FCC!! FCC!!! whooopps, we can't make them because we don't have enough money to buy DRAMS... etc.... > So far nobody's told me to shut up. If you want me to, email me. You shouldn't have to. These groups exist to exchange ideas. A discusssion isn't fun if everyone regurgitates the company propaganda. > Steve J. Cheers, Chris p.s. thank you for dispensing with the insults ------------------------------+--------------------------- Chris Mauritz |D{r det finns en |l, finns cmm1@cunixa.cc.columbia.edu |det en plan! (c)All rights reserved. | Send flames to /dev/null | ------------------------------+---------------------------