#Commodore Federal Offic
20 messages in this thread
From Federal Computer Week, Jul 17, 1989
One of C. Lloyd Mahaffey's first goals as vice president of marketing for
Commodore Business Machines Inc. will be to set up a federal office.
According to the article this guy resigned from Apple's federal group earlier
this month and turned down several other offers before he was recruited by
Commodore's Harry Kopperman.
He says "Give me about six months, by the firest of the calendar year you'll
see Commodore in the federal market with some impressive products"
In addition to creating a federal group he will lfocus heavily on selling to
higher education and business.
Called Commodore "probably the most well-kept secret in the computer business"
After taking a close look at the Amiga: "I couldn't believe it, the machine has
a full multi-tasking, Motorola Inc. 68000 processor and icons. What it doesn't
have is good marketing and a bredth of applications. The product has never
been positioned right, never evangelized the software developers."
Maybe Commodore's marketing will take a turn for the better (can't get much
worse).
And today's Wall Street Journal said what those products are. This quarter
Unix; October quarter 386SX Clone; and January quarter 68030 machine. Just
gotta be patient a while longer. Rob
Not to mention the networking stuff CBM bought/licensed from AmeriStar
A 386 clone is coming out next quarter? I assume you mean in the clone
line, not a BridgeBoard!
— Ethan
Ethan, who knows? I was jst quoting the Wall Street Journal which said a
36,…er, 386SX computer. Sounds like the clone line, not a bridgeboard. Kinda
makes sense in the clone line; it would share lots with the 286 machine in
production now. Rob.
Never evangelized the software developers? He must not know to many Amiga
developers…… 🙂
Steve
Gads, doesn't THAT sound encouraging! Let's hope he takes the (Boing) ball and
RUNS with it!
Rick
The future of Commodore SOUNDS good. All the right signals are coming
out, although the stock market doesn't think so. Today, at 4:01, the stock was
at 10 7/8, having been even lower much of the day. As I just bought 30 shares
of CBU stock, I can now call myself a part owner of the company, even though an
incredibly minute part it is. I really think its a steal at this price. It used
to be at 19 3/8, so I can't imagine it going much further down unless Commodore
reports another quarter of loss in the next year.
— Ethan
P.S. God help us, let Copperman and Mahaffey do well, and let Gould let them
do well!
Ethan,
Just curious… What's it cost to but a share of CBU stock?
Regards,
Allen
Today the CBU stcok went down even further to about 10 1/4. This is
getting ridiculous!
— Ethan
Not ridiculous — let it drop a bit further then buy all you can afford. Sure
wish I'd have bought at 4 a couple of years ago (and sold at $18-$19 a couple
of weeks ago). -sja
I already bought at 11 1/8! Today it dropped to 10 1/8, down an 1/8.
That's the least of it! It went down to 9 5/8! I envy the person who bought
down there!
— Ethan
If you're nervous about it you probably shouldn't be playing the market. If you
believe the dooms-day economists, start buying precious metals.
Nobody ever talks about the Commodore options. Wonder why…..
If you really want to play with Commodore, play the options. All the stock gets
you is high buy-sell commissions and once a year a glossy photo of the
ever-youthful Irving Gould. The stock does move up and down regularly, and (in
l988, anyway) predictably. While the stock went from about $9 to $16 from
Jan88-Jan 89, the options offered regular opportunities for 100-300% return
over a fairly brief periods of 45-60 days.
I use a technical charting program to follow the market and confirm its signals
with mundane measures like the width of the smiles on the local dealers' faces
and, in fact, the degree of optimism in this Forum. Lately, the dealers' smiles
seem satisfied but not rapturous (Machines doing ok; software doing well).
Anyway, I bet that some time between now and Sept 30, the stock will see
$12-$13 a share. Let's say today I bought one option (NOV 12 1/2) for $62.50,
giving me the right to buy 100 shares at $12.50 anytime from now until the
third Friday in November. If the stock goes to $12.50 in Sept, the right to pay
that same price in November will be worth maybe $100-150, at which point I will
sell that option for a profit of somewhere between 65 and 150 percent. And I
WILL sell it at $150 and not hang on hoping for more.
If I put the same money into the stock and it goes from today's $10 to $12.50 I
make only 25 percent.
The risk is that if the stock stays at $10 from now to November, I lose
everything, while the stockholder has lost nothing.
Comment on today's action. The stock went to 9 3/4 by midday on low volume at
which point steady buying in good sized blocks (one for 50,000 shares) moved in
and pulled it back over 10. So unless that was Ethan buying the 50,000, 10
seems like a pretty solid floor for now.
Oh, well, it beats the ponies. Rob.
hehehe — I like your way of thinking (and, of course, agree).
I would like to know a bit more on the charting program you use.
I'm not nervous about it for my stock, I'm nervous that the Amiga may
never sell beyond the A500!
— Ethan
Ethan,
Buy on the way down, that way your average cost per share goes down so
when the stock goes back up…you'll make more profit per share.
Don
> Today the CBU stock went down even further to about 10 1/4. This is
getting ridiculous!
Either that or it's getting close to the time to buy. 🙂
Regards,
Allen
If you're gonna buy, buy now cause I doubt its going much lower.
— Ethan