Conference nyoss1::market_investing

    
    	Dan Dorfmann on CNBC did a hatchet job on Atari right after it
    popped up, calling it a "solid" short and expecting the stock to
    drop (the so-called target price) to $2.00 a share by next summer.
    He cited "growing" competition, lack of game software developer focus,
    and an "overpriced" machine.
    
    	Don't think this would be a solid investment. If you like this
    industry, however, Electronic Arts (ETRS) on the NASDAQ is one of
    the biggest game software companies. It stock has come down from the
    mid-$30s to the low $20s and it might bear looking into. Otherwise,
    I personally consider this industry a little too fadish for investment
    other than "high-risk" funds.
    
    	Good luck.
    
    			the Greyhawk

	I'm really getting sick now.  I thought I screwed up really bad
	on USair (I still missed out on $40k in gains), and now I screwed
	up on this one (Atari).  I bailed out in December to write off
	what looked like a loser all around at a price of 1 1/4.  Now that
	it's merging with another company it's more than recovered, it's
	almost a new yearly high :-(

Symbol: ATC [AMEX]
Last Trade: 3 7/8, Change 1 1/8 (40.91%) at Feb 16  4:00:46
Low & High: 2 15/16 & 3 7/8 (spread 15/16)
52 Week Low & High: 1 3/16 & 4 (spread 2 13/16)
Volume/# of Trades: 3254400 / 561 (5801 shares/trade)

    Cheer up.  I felt sick when I sold Adobe at 30 something and it went up
    to 60+, but I could have bought it at 60+ and watched it fall into
    the 30's.  Repeat after me, the stock market is not predictable :-)
    

    
    	Jeff,
    		As someone in this file always mentions, "You never go
    broke making money.". In October of '94 my Father had 100K available
    to invest. I work for Digital and he asked my Uncle who is in the
    stock market, about Digital's stock. I told him don't buy it at $20
    a share, and my uncle said don't touch it with a 10 ft pole, buy
    the debt. He keeps busting our chops today, sayin if he took 50k and
    bought stock he would have made 100K in '95 on Digital alone.
    	It all comes done to what you want to risk. Can you afford to lose
    it all? The average invester can't afford it all, so they take limited
    risks. People with serious money take the risks, and get the big gains,
    plus loses.
    	Just as an FYI my Dad lost some good cash, on my Uncle's advise
    a few years ago. So when we both said no, you tend to go with your
    past history.
    
    Ron

>     		As someone in this file always mentions, "You never go
>     broke making money.".

	In this case I didn't make money, I lost real money (not just
	missed gains) :-(

	It's now trading at 560% (ie. over 5 times) at what I dumped it
	at a loss (see .2) :-(  Multiple that by the 3,000 shares I
	had left when I dumped it and it really hurts :-(((((((((((

	That old-timer investor I saw on NBR or W$W a year ago who said
	he buys stocks, but never sells (ie. the extreme "buy & hold")
	was no fool ........

Symbol: ATC (ATARI CP) [AMEX]
Last Trade: 7, Change 15/16 (15.46%) at May 21  4:01:07
Low & High: 6 1/4 & 7 1/8 (spread 7/8)
52 Week Low & High: 1 3/16 & 6 13/16 (spread 5 5/8)
Volume/# of Trades: 1279900 / 474 (2700 shares/trade)
Market Cap: 175.00, Beta: 1.18, EPS Growth: -17.60

Symbol: ATC (ATARI CP) [AMEX]
Last Trade: 7 15/16, Change 15/16 (13.39%) at May 22  4:01:17
Low & High: 7 1/16 & 8 9/16 (spread 1 1/2)
52 Week Low & High: 1 3/16 & 7 1/8 (spread 5 15/16)
Volume/# of Trades: 2136800 / 706 (3026 shares/trade)
Market Cap: 175.00, Beta: 1.18, EPS Growth: -17.60

    re .7
    
    And I bought IOMG at 51.5 on 7-Dec-95 and sold the next day as it
    looked shaky.  Geez...
    
    Bill (A novice investor but building up my nerve)
    
    
    
    

Re: 945.102

> Atari (ATC) reportedly just purchased a company that makes some sort
> of 3" disk drive.
> Atari will be changing its name to this new company they just acquired.

	Looks like the rumors from Feb. were true (see enclosed note I posted
	in the Atari notesfile after hearing the rumor on NBR).

	Why couldn't the rumor of occured in early December before I sold ...

> ATC is @ $8.25/share on the AMEX.

	Now my loss is up to $22k :-(((((((((

Notefile: METalx::Jaguar
Note: 49.34
Author: 2155::michaud "Jeff Michaud - ObjectBroker"
Topic: Atari - The Company
Title: Company known as Atari to go away ...
Date: 13-FEB-1996 18:51

	Well get ready to say goodbye to Atari, the plan now is to
	merge with privately held company JTS Corp. (a disk drive
	maker????).  Atari shareholders will end up owning 60%
	of the merged company which will retain the JTS name ...

	Not sure if the deal is final, and/or when the change will
	officially take effect ...