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Article #22901

Re: FALCON is DEAD!

#22901
From: Haim S. Poretsky
Date: Thu, 21 Jan 1993 16:28
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 Well, aactually, bad PC sales were the LEAST of IBM's problems (I should
know--I bought 75 shares at $79).  You also have to figure in restructuring
costs, the costs involved in shedding jobs (severance pay, replacement
assistance, etc.), bad (in the toilet) sales of Mainframes and Minicomputers
and on and on.  If PCs were IBM's only problem, it would be easy to solve.

However, we get to be insulated from all of this.  After all, we've never
seen Atari lose first place as maker of computers.  We've also never seen
Atari's "blue chip" stock jump off a bridge.  However, I must admit, IBM's
stock chart (from 156 to 48 in 5 years) is slightly reminiscent of good
'old ATC... :-)
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Message-ID: <1993Jan21.162846.23804@news.columbia.edu>
Path: arc1-ca.pugleaf.net!sparky!uunet!srvr1.engin.umich.edu!sol.ctr.columbia.edu!news.columbia.edu!cunixb.cc.columbia.edu!hsp4
References: <9301204372@ritz.mordor.com> <1993Jan21.154134.14631@sae.com>

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From: hsp4@cunixb.cc.columbia.edu (Haim S. Poretsky)
Subject: Re: FALCON is DEAD!
Message-ID: <1993Jan21.162846.23804@news.columbia.edu>
Sender: usenet@news.columbia.edu (The Network News)
Nntp-Posting-Host: cunixb.cc.columbia.edu
Reply-To: hsp4@cunixb.cc.columbia.edu (Haim S. Poretsky)
Organization: Columbia University
References: <9301204372@ritz.mordor.com> <1993Jan21.154134.14631@sae.com>
Date: Thu, 21 Jan 1993 16:28:46 GMT
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