es1@cunixb.cc.columbia.edu (Ethan Solomita) (04/04/91)
As of 1:03 today (4/3/91) Commodore stock is at 19 7/8, on its way to breaking the high of appr 20 it achieved 1 1/2 years ago. If I can find any more detail as to why it is jumping, I'll post. I can only assume there are great sales expectations. -- Ethan Q: How many Comp Sci majors does it take to change a lightbulb A: None. It's a hardware problem.
ewing@tortuga.SanDiego.NCR.COM (David Ewing) (04/05/91)
In article <1991Apr3.182816.12800@cunixf.cc.columbia.edu> es1@cunixb.cc.columbia.edu (Ethan Solomita) writes: > As of 1:03 today (4/3/91) Commodore stock is at 19 7/8, >on its way to breaking the high of appr 20 it achieved 1 1/2 >years ago. If I can find any more detail as to why it is jumping, There is a rumor (I believe it was even mentioned in Amiga World) that Sony is considering buying Commodore. ********************************************* David A. Ewing ewing@tortuga.sandiego.ncr.com *********************************************
jpotter@ucs.adelaide.edu.au (Jonathan Potter) (04/06/91)
In article <1991Apr3.182816.12800@cunixf.cc.columbia.edu> es1@cunixb.cc.columbia.edu (Ethan Solomita) writes: > As of 1:03 today (4/3/91) Commodore stock is at 19 7/8, >on its way to breaking the high of appr 20 it achieved 1 1/2 >years ago. If I can find any more detail as to why it is jumping, Commodore stock reached about $90 in the early 80's. Jon -- | Jonathan Potter | | Life is like a piece of | | P.O. Box 289 | jpotter@itd.adelaide.edu.au | spinach... | | Goodwood, SA | FidoNet : 3:680/829 | | | Australia 5034 | | Sort of green and wrinkly |
PFREY%drew.bitnet@pucc.princeton.edu (04/08/91)
IN%"jpotter@ucs.adelaide.edu.au" "Jonathan Potter" writes: >> As of 1:03 today (4/3/91) Commodore stock is at 19 7/8, >>on its way to breaking the high of appr 20 it achieved 1 1/2 >>years ago. If I can find any more detail as to why it is jumping, >Commodore stock reached about $90 in the early 80's. 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. 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). PFREY@DREW.BITNET
limonce@pilot.njin.net (Tom Limoncelli +1 201 408 5389) (04/08/91)
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?"
es1@cunixb.cc.columbia.edu (Ethan Solomita) (04/08/91)
In article <50025@nigel.ee.udel.edu> PFREY%drew.bitnet@pucc.princeton.edu writes: >IN%"jpotter@ucs.adelaide.edu.au" "Jonathan Potter" writes: > > >>> As of 1:03 today (4/3/91) Commodore stock is at 19 7/8, >>>on its way to breaking the high of appr 20 it achieved 1 1/2 >>>years ago. If I can find any more detail as to why it is jumping, > >>Commodore stock reached about $90 in the early 80's. > >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. > >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). > > PFREY@DREW.BITNET Actually, it did go up real high during the early 80s. Then the stock split again and again and again. Commodore stock is one of the most volatile stocks on the market that I've seen going regularly between lows of 5-6 and highs of 20. Exactly one year ago it was at 20. Exactly six-eight months ago it was at 4. -- Ethan Q: How many Comp Sci majors does it take to change a lightbulb A: None. It's a hardware problem.
mykes@amiga0.SF-Bay.ORG (Mike Schwartz) (04/08/91)
In article <50025@nigel.ee.udel.edu> PFREY%drew.bitnet@pucc.princeton.edu writes: >IN%"jpotter@ucs.adelaide.edu.au" "Jonathan Potter" writes: > > >>> As of 1:03 today (4/3/91) Commodore stock is at 19 7/8, >>>on its way to breaking the high of appr 20 it achieved 1 1/2 >>>years ago. If I can find any more detail as to why it is jumping, > >>Commodore stock reached about $90 in the early 80's. > >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. > >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). > > PFREY@DREW.BITNET Commodore's stock was as low as $4 last August (Apple was at about $26). -- **************************************************** * I want games that look like Shadow of the Beast * * but play like Leisure Suit Larry. * ****************************************************
PFREY%drew.bitnet@pucc.princeton.edu (04/08/91)
IN%"es1@cunixb.cc.columbia.edu" "Ethan Solomita" writes:
Actually, it did go up real high during the early 80s.
Then the stock split again and again and again. Commodore stock
is one of the most volatile stocks on the market that I've seen
going regularly between lows of 5-6 and highs of 20. Exactly one
year ago it was at 20. Exactly six-eight months ago it was at 4.
-- Ethan
Good to hear it...I was responding based on a series of messages regarding
this issue. Seems the details are being filled in daily! I look forward
to what happens to the stocks after the Amiga show this past weekend.
Perhaps they will go up 10 points? Will the CDTV create a stir on Wall
Street? We shall see...
A drawback of the stock is that it doesn't pay dividends --- I can't find
them listed as paying dividends in the Journal, and someone I tipped off
to the potential rise in the stock, also found (according to his broker) that
the stock doesn't pay dividends.
Sooo....the stock's been all over, eh? Looks like he'll be in for a roller-
coaster ride!
PFREY@DREW.BITNET
Disclaimer: Don't Flame me. I tend to get the last word.PFREY%drew.bitnet@pucc.princeton.edu (04/08/91)
IN%"limonce@pilot.njin.net" "Tom Limoncelli" 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? From the previous messages that have been put on this list. They were sent to all members of the list. There's a way of getting messages from archives of the lists. You probably didn't get them, or you would have replied to them, I'm sure. >> 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). --------------------<pac-man discussion deleted>------------------------ >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. So long as they kept them. If they sold them, imprints of their bodies might be found in the concrete below their office windows. PFREY@DREW.BITNET 'If little Tom thumb had visions of limes and lemons running through his head, his peers would call him Tom Limonhead.' Disclaimer: Don't flame me. I tend to get the last word.
peterk@cbmger.UUCP (Peter Kittel GERMANY) (04/08/91)
In article <50025@nigel.ee.udel.edu> PFREY%drew.bitnet@pucc.princeton.edu writes: >IN%"jpotter@ucs.adelaide.edu.au" "Jonathan Potter" writes: > >>Commodore stock reached about $90 in the early 80's. > >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. No, the stock should be many years older. I know personally some friends who had bought it at ca. $50 in the early 80s. -- Best regards, Dr. Peter Kittel // E-Mail to \\ Only my personal opinions... Commodore Frankfurt, Germany \X/ {uunet|pyramid|rutgers}!cbmvax!cbmger!peterk
zerkle@iris.ucdavis.edu (Dan Zerkle) (04/09/91)
In article <50029@nigel.ee.udel.edu> PFREY%drew.bitnet@pucc.princeton.edu writes: >A drawback of the stock is that it doesn't pay dividends --- I can't find >them listed as paying dividends in the Journal, and someone I tipped off >to the potential rise in the stock, also found (according to his broker) that >the stock doesn't pay dividends. No big deal. Electronic Arts doesn't pay dividends (and probably won't, according to their prospectus). Even so, I made a net gain of $400 in 8 months on an original $800 investment in EA. How do you think I paid for my 3000? I sold my stock! The reason Commodore doesn't pay dividends is the right reason not to pay dividends: they roll money they make back into the company, for development and such stuff. This sort of thing tends to help stock prices (but not always). Dan Zerkle zerkle@iris.eecs.ucdavis.edu (916) 754-0240 Amiga... Because life is too short for boring computers.
raible@cbmvax.commodore.com (Bob Raible - LSI Design) (04/09/91)
In article <50025@nigel.ee.udel.edu> PFREY%drew.bitnet@pucc.princeton.edu writes: >IN%"jpotter@ucs.adelaide.edu.au" "Jonathan Potter" writes: > > >>> As of 1:03 today (4/3/91) Commodore stock is at 19 7/8, >>>on its way to breaking the high of appr 20 it achieved 1 1/2 >>>years ago. If I can find any more detail as to why it is jumping, > >>Commodore stock reached about $90 in the early 80's. > >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. > >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). > > PFREY@DREW.BITNET As an employee of CBM since JULY '82, and an occasional trader of its stock I can shed some light on this. Soon after I got here CBM stock hit a high of 90 or so and split 2:1. After this it zoomed to 60 or so, its peak before it began its decline during the mid 80's. On several occasions the stock price dipped into single digit range and even managed to remain there for a while. In case you are curious I bought at $7 about 2 years back(we won't talk about previous purchases, ok?).
ckchee@dgp.toronto.edu (Chuan Chee) (04/09/91)
In article <1081@cbmger.UUCP> peterk@cbmger.UUCP (Peter Kittel GERMANY) writes: >In article <50025@nigel.ee.udel.edu> PFREY%drew.bitnet@pucc.princeton.edu writes: >>IN%"jpotter@ucs.adelaide.edu.au" "Jonathan Potter" writes: >> >>>Commodore stock reached about $90 in the early 80's. >> >>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. > >No, the stock should be many years older. I know personally some >friends who had bought it at ca. $50 in the early 80s. > I've personally followed and bought Commodore stock since 1981. From 1981 to 1984, they had split many times at different ratios. The last time they split was 1983 or 1984. It went as high as U$54 +- U$1 and dropped to U$10 quickly (over 1 year). It stabilied at U$7 for several years afterwards. I actually do have charts somewhere of the stock prices if people are really interested.