Path: utzoo!utgpu!news-server.csri.toronto.edu!rpi!masscomp!ocpt!princeton!njsmu!mccc!dworkin!jtravis
From: jtravis@dworkin.Amber.mccc.edu (Jim, Sysop)
Newsgroups: comp.sys.amiga.misc
Subject: Re: Comodore Stock (Ahhhhhrggggggggg)
Message-ID: <625244w163w@dworkin.Amber.mccc.edu>
Date: 24 Jun 91 17:57:16 GMT
References: <jc337s696.1631@sycom.UUCP>
Sender: bbs@dworkin.UUCP
Organization: Labyrinth II BBS
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jc337s696@sycom.UUCP (Jeff Chmielewski) writes:

> Well...  I recently purchased some C= stock, because you know, I figured it
> would be a good investment.  But, within the last 2 weeks it has dropped abou
> 3 points.  AnyBody out there no why?  From the content of the conversations o
> the Net, it looked like commodore was doing really good.  Hmm... Was the
> power-up just a plot to boost poor american sales or something.  Is CDTV not
> working out the way they expected.  Is the power up deal decreasing sales of
> other amiga models, because of the sudden flood of used amigas on the market?
> Jeff Chmielewski

        
        It's not so much of anything else CBM is doing (or not doing) but as 
a reflection to what's happening to computerdom on the whole. Dow Jones did 
a little piece recently about how lower earning among IBM and Apple are 
forcing stock values down.  While those 2 are fighting for their market 
share, DJ still has CBM as a preferred stock OVER Apple and IBM. Their 
thoughts are the CDTV, and CBM's entrenchment in home equipment and foreign 
opportunities (they've moved BIG into Hungery and East Germany recently, and 
is now doing something for Poland and the USSR I hear) keeps them in a 
different league than Apple and IBM, who are very US dependant for sales. 
And while sales for those 2 companies are up, earnings are way down.
        
        Jim (as paraphrased from Dow Jones/Prodigy)