Path: utzoo!utgpu!news-server.csri.toronto.edu!mailrus!wuarchive!cs.utexas.edu!swrinde!zaphod.mps.ohio-state.edu!usc!ucsd!pacbell.com!pacbell!att!mcdchg!laidbak!obdient!igloo!ddsw1!corpane!sparks
From: sparks@corpane.UUCP (John Sparks)
Newsgroups: comp.sys.amiga
Subject: Re: Commodore stock
Message-ID: <2782@corpane.UUCP>
Date: 28 Aug 90 12:52:00 GMT
References: <90237.145531JKT100@psuvm.psu.edu>
Organization: Corpane Industries Inc., Louisville, KY
Lines: 29

JKT100@psuvm.psu.edu (JKT) writes:

>Commodore stock ended the week at 4 7/8 a share, after hitting a low
>of 4 5/8 a share on Thursday, the lowest price I have ever seen it.
>It was up to 11 1/8 back in January, and has been sliding ever since.

>I've seen at least one article in some Amiga mag somewhere that echoed
>my confusion about this state of affairs:  That there is little or no
>reason for the stock to be at this level.  Commodore is doing better
>now than it has in years, with better products, better managment,
>better marketing, etc.  Why the heck is the stock down so far??

Most stocks are down low right now. It's all the crap in the mideast.
The whole stock market is down, with the world wondering about oil supplies
and the potential for war. The stock market is down and bouncing around
like a mexican jumping bean right now. As tensions ease overseas, things
will pick back up again. 

> [speculation that CBM is ripe for hostile takeover]

Remember, most all stocks are depressed right now, so CBM is not any lower
relative to any other stock than it was before this mess. There are a lot
better bargains out there than CBM for the smart takover shopper. 

-- 
John Sparks         |D.I.S.K. Public Access Unix System| Multi-User Games, Email
sparks@corpane.UUCP |PH: (502) 968-DISK 24Hrs/2400BPS  | Usenet, Chatting,
=-=-=-=-=-=-=-=-=-=-|7 line Multi-User system.         | Downloads & more.
A door is what a dog is perpetually on the wrong side of----Ogden Nash