🚀 go-pugleaf

In article <wYdXuMy00jukIW3ldi@cs.cmu.edu> Jon.Webb@cs.cmu.edu writes:
>Well, it seems the most likely explanation for the recent rise in Atari
>stock is interest in Atari's forthcoming products.  To me, this is too
>simple and pure; of course, if a company is introducing some new good
>products, you should buy their stock.  In the age of debt-ridden
>takeovers, it's nice to see a company do well because of its products.
>
>We can expect the stock to continue to rise.  A friend of mine told me
>that his stockbroker recommended that he run out and buy Atari stock
>this morning because of the new products.  The stockbroker claimed Atari
>will be selling at 20 or so in a year.  If stockbrokers in Pittsburgh
>have heard about this, you can expect that a lot of stockbrokers are
>recommending this to their clients.
>
>-- J

With the current economic conditions and state of the computer market I
highly doubt Atari stock will ever trade at $20.  Gone are the days of the
Tramiels boosting the stock price up.  Face it, Atari is just not
competitive in the north american market, and I don't think european sale
will reflect US stock prices.  I'd sell at $9.00 (if it ever gets there)
before the recession hits.
/leonard