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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

246.0. "INFO REGARDING ELXSI CORPORATION?" by FLYWAY::WALKERN (Skiing Skippy...) Wed Jul 15 1992 14:32

Hi,

I notice the stock price for ELXSI go from 4/32 to 4 28/32 in once day - a couple
of weeks ago. I have had no luck finding out what caused this.

Does anyone else have an idea what caused it? Also, is there any other info around 
regarding this company?

Thanks,

Nick
T.RTitleUserPersonal
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246.1XCELR8::BONVALLATWed Jul 15 1992 14:565
It must have been a reverse split.
I just looked and noticed an "s" after ELXSI in the financial pages.
Also very telling was the volume...only 700 shares traded yesterday.
There is no way volume would be that quiet if the stock had really
jumped thousands of a percent just a couple weeks ago.
246.2There was a 1 for 25 reverse split in early JuneVINO::FLEMMINGHave XDELTA, will travelWed Jul 15 1992 21:071
    
246.3ELXSI/TRILOGY updateFSOA::BDIMBATEchos in the NightMon Oct 05 1992 15:3410
    For those that care:
    
    ELXSI (originally TRILOGY) has gone from computers to restaurants. They
    purchased the Bickford chain in 1991 from Mariott Corp.  And now...
    They are coming to Marlboro, MA.  They are renovating the former
    MacDonald's near the movie theater and plan to open a restaurant before
    Thanksgiving.
    
    As a Marlboro resident and company owner (4 shares, formerly 100), I
    wonder if I can get VIP treatment, if not prices :^)  -wd-