Path: utzoo!utgpu!news-server.csri.toronto.edu!rpi!zaphod.mps.ohio-state.edu!pacific.mps.ohio-state.edu!linac!att!princeton!njin!limonce From: limonce@pilot.njin.net (Tom Limoncelli +1 201 408 5389) Newsgroups: comp.sys.amiga.misc Subject: Re: Commodore Stock Message-ID: Date: 8 Apr 91 03:12:33 GMT References: <50025@nigel.ee.udel.edu> Organization: Drew University - Madison NJ Lines: 30 In article <50025@nigel.ee.udel.edu> PFREY@drew.edu writes: > Really? In one of the previous message on this discussion regarding > Commodore stock, it has been stated that Commodore stock was released in > 1985 and its issued price was $4 per share. The Commodore PET was a popular computer in 1979. Where did you get this information? > I doubt very much the stock dropped from $90 to $4. I tend to see > the other story as valid; that it was issued at $4, climbed to $19 > over a period of 6 years, and is now shooting up with this Amiga > convention (to which I will be leaving in 5 minutes). When Pac-Man mania was at it's peak Commodore's stock soared up to around $140. Numbers like $179 come to mind but that might be the caffine in me talking. The fact that Commodore's stock dropped to around $3 and has been weaving between $4 and $12 for the last 2-3 years is the reason why investors have put CBM on the "bad investment" list for a while. Of course, in the last 6 months many investors have taking CBM off that list and one or two have put it on the "buy" list. The people that purchased stock at $4 must be very happy right now. Tom -- Tom Limoncelli -- tlimonce@drew.bitnet tlimonce@drew.edu -- 201-408-5389 Three witches making a potion. One says, "A Liza Minnelli record, light beer, poppers, Frye boots; what's this spell for anyway?"