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Article #27081

Re: Atari Corporation Stock Split?

#27081
From: apratt
Date: Mon, 01 Jun 1987 18:16
22 lines
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In article <682@ektools.UUCP> bruce@ektools.UUCP (Bruce D. Nelson ) writes:
>>My stockbroker called to tell me that he had a news item from one of his
>>online services which said that Atari Corporation announced a 2 for 1
>>stock split. Can anyone (Neil?) confirm or deny?

> The American Stocks list atari.w and atari.c (I think 'w' and 'c' are right)
> Don't ask me what they stand for, all I know is that they exist and the
> price is nothing like it was before the split.

What my paper shows is "atari n" (n for new (last 52 weeks)) and "atari wi"
...the key says this is "when issued."  Since the price of the "wi" is
about 1/2 the standard price, I think the "wi" is something like future
trading on Atari's split shares.  I *think* (don't rely on this)
that shareholders of record on June 2, 1987 will have their stock split
and receive their new shares (i.e. able to trade them) on June 6.

Some stock-exchange maven should be able to clear this up.

/----------------------------------------------\
| Opinions expressed above do not necessarily  |  -- Allan Pratt, Atari Corp.
| reflect those of Atari Corp. or anyone else. |     ...lll-lcc!atari!apratt
\----------------------------------------------/
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Path: arc1-ca.pugleaf.net!utzoo!utgpu!water!watmath!clyde!rutgers!ames!amdcad!sun!imagen!atari!apratt
References: <12336@topaz.rutgers.edu>

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From: apratt@atari.UUCP
Newsgroups: comp.sys.atari.st
Subject: Re: Atari Corporation Stock Split?
Message-ID: <745@atari.UUCP>
Date: Mon, 1-Jun-87 14:16:17 EDT
Article-I.D.: atari.745
Posted: Mon Jun  1 14:16:17 1987
Date-Received: Thu, 4-Jun-87 01:07:06 EDT
References: <12336@topaz.rutgers.edu>
Distribution: na
Organization: Atari Corp., Sunnyvale CA
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