Path: utzoo!utgpu!watmath!att!tut.cis.ohio-state.edu!gem.mps.ohio-state.edu!ginosko!uunet!cbmvax!daveh
From: daveh@cbmvax.UUCP (Dave Haynie)
Newsgroups: comp.sys.amiga
Subject: Re: Commodore's health
Message-ID: <7594@cbmvax.UUCP>
Date: 9 Aug 89 16:44:10 GMT
References: <21219@louie.udel.EDU>
Organization: Commodore Technology, West Chester, PA
Lines: 19

in article <21219@louie.udel.EDU>, mjsagar@sandia.gov (9123 SAGARTZ, MATHIAS J.) says:

> Wall Street's reply has taken the stock price from over 19 to 10.25.
> These numbers are not those of a company that the financial markets have 
> any faith in.  The real question is, are things really that bad?  

I'm no financial analyst, but I think this is a typical case of Wall Street
over-reaction.  I've been with Commodore for a long time, and as a result I've
seen this kind of thing over and over again, and in most cases it's been
rather meaningless.  I haven't followed the market on other stocks, but if
it's purely a reaction to the beating Commodore took over the last quarter,
rather than the over-reaction that seems typical, you'd expect other companies
who've been similarly beaten (last quarter wasn't much good for anyone in the
computer business) to have similar stock changes.  For instance, what happened
to Sun -- they apparently had a Real Bad Quarter.
-- 
Dave Haynie Commodore-Amiga (Systems Engineering) "The Crew That Never Rests"
   {uunet|pyramid|rutgers}!cbmvax!daveh      PLINK: D-DAVE H     BIX: hazy
           Be careful what you wish for -- you just might get it