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- Xref: sparky comp.os.os2.misc:39756 comp.os.os2.advocacy:10516
- Newsgroups: comp.os.os2.misc,comp.os.os2.advocacy
- Path: sparky!uunet!cis.ohio-state.edu!zaphod.mps.ohio-state.edu!cs.utexas.edu!torn!csd.unb.ca!news
- From: hwhalen@jupiter.sun.csd.unb.ca (Hugh Whalen)
- Subject: Re: Future of OS/2 and IBM????????????
- Message-ID: <1992Dec17.160148.10152@jupiter.sun.csd.unb.ca>
- Sender: Hugh Whalen
- Organization: Faculty of Administration, University of New Brunswick
- References: <1992Dec15.210437.934@gn.ecn.purdue.edu> <1992Dec16.072137.28867@sequent.com> <1992Dec16.152535.12204@jupiter.sun.csd.unb.ca> <1992Dec17.134511.18616@csi.uottawa.ca>
- Date: Thu, 17 Dec 1992 16:01:48 GMT
- Lines: 54
-
- Sorry additions to the last post were missing. This is the full
- version.
-
- In article <1992Dec17.134511.18616@csi.uottawa.ca> gagnon@aix1.uottawa.ca (Jean-Serge Gagnon 564-7183) writes:
- >In article <1992Dec16.152535.12204@jupiter.sun.csd.unb.ca> hwhalen@jupiter.sun.csd.unb.ca (Hugh Whalen) writes:
- >>In article <1992Dec16.072137.28867@sequent.com> furballs@sequent.com (Paul Penrod) writes:
- >>>In article <1992Dec15.210437.934@gn.ecn.purdue.edu> ashwath@gn.ecn.purdue.edu (Ashwath Ram) writes:
- >>[Stuff about IBM laying off 25,000 people deleted]
- >>>IBM is among the most conservative of the blue chip stock companies
- >>>and has long earned it's reputation as a stable commodity in the
- >>
- >>Ahem .... stable? I believe that around 1987 IBM stock was trading at
- >>approximately $178 per share. Yesterday it was trading at $56 per
- >>share. God help us if this is stability. :)
- >
- >This doesn't belong here, but I wish people would talk when they knew what
- >they were talking about!!!! Have you ever heard of "spliting"? It's a
- >process in which a stock is doubled, and it's value is divided. For example
- >an IBM share that was worth $178 in 1985 would split and then you'd have
- >two shares, each worth $89, which is exactly the same thing. Since the time
- >when the share was worth $178, IBM shares have split twice, meaning that
- >whoever had one (1) share worth $178, today has four (4) shares worth $56.
- >In other words, this person has $224 for a cost of $178 (or less, of course).
- >
- >So PLEASE, make sure you know what you're talking about, before saying
- >something so drasticaly influential to the minds of people who REALLY have
- >no idea what it means other that money.
- >
- >PLEASE, no flames, I just wanted to straghten this out. If a discussion
- >arises from this, please note I have set follow-up to talk.bizzare.
- >
- >Thanks.
- >--
-
-
- WRONG!!!!!!!! I just went to the library to verify this. According to
- Moody's Industrial Manual 1991 the last IBM stock split was May 31,
- 1979 when the stock was split 4 for 1. That's right 13 years ago not
- since 1985, as you claimed.
-
- Information from Moody's Handbook of Common Stocks, Summer 1992
- Edition.
-
- Share price range 1987 175 7/8 to 102
- Share price range 1991 139 3/4 to 83 1/2
-
- Consider it straightened out.
-
- Hugh Whalen | Where all men think alike, no one
- Faculty of Administration | thinks very much.
- University of New Brunswick | - Walter Lippmann
-
-
- DISCLAIMER: Neither UNB nor I care what the other thinks.
-