#Commodore Stock
12 messages in this thread
Commodores' stock price sure has jumped lately. Any Opinions? Trading
volu volumes have been way up too
Commodore stock is up to where it was last year. At this point you take
a risk holding it: how will the Christmas sales look?
— Ethan
Since the time I've started following C= stock (NYSE Symbol CBU)in
1984, it traditionally goes up around Thanksgiving, hits a peak just before
or after New Year's Day, and starts tumbling shortly thereafter. I
attribute that to investors' notion of Commodore, International as a toy
computer company. In any case, don't take the ups and downs of a company's
stock too literally; prices go down on good news all the time (such as when
investors expect GREAT news)…
Signed, Tony "I lost money on CBU stock" M. 🙁
..tony m…
Tony
Maybe the TOASTERjr will move the stock a little higher?
Bob Naffziger
It has gone up a lot very rapidly. In the past 2 1/2 months it has
increased 2 1/2 times.
— Ethan
Bob,
A *GUESS*
Commodore is about to release a UNIX box….and they're getting
very good reviews of it.
Don
Yeah, CBM has two huge things going for it right now:
The A3000UX (Unix Box)
and
The Video Toaster
Both are expected to make a VERY SIGNIFIGANT impact in the sales of Amigas,
combine that with the already sales of the Amiga 500/2000 and the promising
sales of the A3000 and CBM is in a position to not only have a very good
XMas but also to carry the increased sales well into 1991.
Just my own opinion,
-Jason-
Jason,
I think AmigaVision may add to the mix as well. And maybe even CDTV. I'm
really wondering how non-Amigoids (or even non-computer people) will react
to CDTV.
Malcolm
Also keep in mind the semi-turnaround in the financials in the last
quarterly report. A real profit–small, yes, but the first in a while.
Amiga and CBM PC sales are both picking up and with all the other neat
things going on (CDTV, A3000UX and the Toast Machine), it looks like some
money managers have finally taken notice of this "sleeper" stock.
Bob,
I have no idea why CBM's stock price has jumped. But it seems to be
historical. Go back for the last couple of years and see what they did at
the end of the (calendar) year and you'll see the same type of response —
then, again historical, watch them nose dive about February.
-sja
I know some people at NewTek attributed it to the toaster's appearance at
COMDEX. 🙂 Sure wish I'd bought at $4.
Actually, it started rising the day after the Toaster was shown at the FAUG
meeting. Oct 3rd or so?