Path: utzoo!utgpu!news-server.csri.toronto.edu!bonnie.concordia.ca!uunet!lll-winken!news.arc.nasa.gov!vsi1!zorch!amiga0!mykes
From: mykes@amiga0.SF-Bay.ORG (Mike Schwartz)
Newsgroups: comp.sys.amiga.advocacy
Subject: Stock prices
Message-ID: <mykes.3734@amiga0.SF-Bay.ORG>
Date: 24 Jun 91 22:03:11 GMT
Organization: Amiga makes it possible
Lines: 31

Historically, the 3rd quarter is CBM's slowest, and the
stock price has been dropping lately.

August 1990 (after Kuwait invasion):
	CBM	~$4
	APPLE	~$26
(Apple bought back 10 Million shares of stock at that price).

High since then:
	CBM	~$22
	APPLE	~$69  (my memory is a little foggy on this)

Today:
	CBM	$12 1/8
	APPLE	$41 3/8

IBM has been sucking wind lately, and as institutions have
been expunging their portfolios of ALL High-Tech stocks,
CBM and Apple have been hit as well.

Interestingly enough, Apple has done several things to boost
its stock price, including laying off 1500 (the number I heard)
people.  Despite this, the stock hasn't rebounded from a
very poor earnings report which caused Apple to drop $20 in
about 3 days.

--
****************************************************
* I want games that look like Shadow of the Beast  *
* but play like Leisure Suit Larry.                *
****************************************************