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From: trb@stag.UUCP ( Todd Burkey )
Newsgroups: comp.sys.atari.st
Subject: Atari Stock
Message-ID: <247@stag.UUCP>
Date: Thu, 22-Oct-87 01:02:36 EST
Article-I.D.: stag.247
Posted: Thu Oct 22 01:02:36 1987
Date-Received: Sun, 25-Oct-87 09:56:54 EST
Organization: Mindtools ST Access Group, Plymouth, MN
Lines: 22

I hope everybody bought into Atari stock on Tuesday...I told myself I would
never buy any stock again (after watching my investments dwindle on the only
previous stocks I had ever purchased...Trilogy, ComputerVision, CPT, and
ZYCAD). After I heard the market was going nuts on Monday, I started watching
Atari Stock on Tuesday and bought some for $5/share! It actually went below
$5 but the brokers were running several hours behind on orders...I figured
that Atari has to be announcing something snazzy at COMDEX which will move
the prices back up (even a good XMas would do it.)  What amazed me about the
Atari stock drop is that I didn't know that there were all that many
'institutional' owners of Atari stock (I doubt that the small investors
would have panicked over Atari that much...unless they have been reading
usenet lately...or have even had the time to panic). The only other thought
that comes to mind is that the Trameils may have sold on the way down (causing
further drops) and then bought again when it bottommed out...Any thoughts from
those of you more knowledgable on the Stock Market?

  -Todd Burkey
  trb@stag.UUCP

P.S. Atari Stock closed on Tuesday at $7, but my wife didn't fall for my
     argument that it would be only natural to use the profits to buy a
     Mega...hmm...A Mega->Amega->Amiga...nah...cooincidence.