Path: utzoo!utgpu!news-server.csri.toronto.edu!cs.utexas.edu!sun-barr!decwrl!world!paradigm!gjc
From: gjc@paradigm.com
Newsgroups: comp.lang.lisp
Subject: Symbolics stock confusion
Message-ID: <2844@paradigm.com>
Date: 1 Feb 91 07:11:36 GMT
References: <96861@aerospace.AERO.ORG> <5256@idunno.Princeton.EDU> <4178@syma.sussex.ac.uk> <5332@idunno.Princeton.EDU> <22645@well.sf.ca.us> <22650@well.sf.ca.us> <22670@well.sf.ca.us>
Organization: Paradigm Associates Inc, Cambridge MA
Lines: 8

In article <22670@well.sf.ca.us>, nagle@well.sf.ca.us (John Nagle) writes:
>      A previous posting indicated that the total market value of Symbolics
> was down around $2 million.  This is incorrect; there are about 25 million
> shares outstanding, so even at their current penny-stock price of $0.44
> per share, it would take about $11 million to buy out the entire company.
> 

They used to have 25 million shares, *BEFORE* the 10/1 reverse stock split.