| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 2202.1 | Annual Stockholder's meeting | CAPNET::CROWTHER | Maxine 276-8226 | Fri Nov 06 1992 10:42 | 5 |
| <<< Note 2202.0 by LEPARD::SEKURSKI >>>
-< Stock price fluctuation indicating something ? >-
Good vibes from the stockholder's meeting.
|
| 2202.2 | have we found the magic button? | MRKTNG::SILVERBERG | Mark Silverberg DTN 264-2269 TTB1-5/B3 | Fri Nov 06 1992 10:52 | 5 |
| gee...if we can get a few points out of a stockholders meeting, let's
hold one every day 8-)
Mark
|
| 2202.3 | WBZ radio comment last night.. | SOLVIT::DESMARAIS | | Fri Nov 06 1992 11:29 | 5 |
| What I heard on the radio last night going home WBZ was the
announcement by Palmer that DEC was going to be divided into
seperate financially accountable Business Units. Example
PC's would be a division(?) responsible for its own bottom
line..
|
| 2202.4 | see livewire (worldwide news) | INFACT::BEVIS | They're gone, are we far behind? | Fri Nov 06 1992 13:11 | 1 |
|
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| 2202.5 | Cancel those meetings till next month!!! | SPECXN::BLEY | | Fri Nov 06 1992 13:48 | 7 |
|
Well I for one don't want to see the stock go up until after Dec. 1,
and we have purchased our stock at the lowest price....THEN it can
go as high as it wants to. Maybe those $120. shares I have will be
worth something again.
|
| 2202.6 | nov 30 | SCCAT::SHERRILL | head between knees were goin down | Fri Nov 06 1992 17:31 | 3 |
|
What I have noticed through the years is that the stock goes up before
stock purchase and the drops right after.
|
| 2202.7 | ..easy! | ANARKY::BREWER | nevermind.... | Fri Nov 06 1992 22:57 | 6 |
|
re: .0
Stock probably went up upon hearing that we will shortly have
a new VP in charge of Ethics.
/john
|
| 2202.8 | or did they hire Machiavelli? | SA1794::CHARBONND | now watch Sarah gloat | Mon Nov 09 1992 01:58 | 1 |
| I would have expected the opposite reaction >;-)
|
| 2202.9 | Investor Services making a profit on us??? | STOOA::ACOSTA | | Mon Nov 09 1992 12:13 | 13 |
| if you look at the number of shares bought on June 1st., and look back
at the number of shares bought the previous two weeks, you'll have your
answer. Again, the same thing is happening now, you'll see the
following Vol (100s) 11/2/92 = 11944 , 11/03/92 = 16524, 11/04/92 =
11179, 11/05/92 = 18974. I bet Investors Services are buying the
employee shares right now, increasing their profit once it gets to
December 1st. and we are charged $40 (-15%) per share, rather then $33
(-15%) per share.
|
| 2202.10 | | SCHOOL::SUSEL | Danced my feet down to the knees! | Mon Nov 09 1992 14:25 | 3 |
| no no no. purchase price is the LOWER of the start and end date
prices. we are already guaranteed a maximum purchase price as dictated
by the opening day.
|
| 2202.11 | For What It's Worth!!! | ODIXIE::GELINEAU | | Tue Nov 10 1992 13:52 | 12 |
| So negative. How about the following scenario.
* Palmer spoke
* ALPHA AXP Announcement on 10/10
* Additional TFSO
* Business Units
* More Optimistic Outlook for CY93
* Analyst Comments Still Highlight Digital Favorable Position in The
Industry From A Financial Standpoint
|
| 2202.12 | I hope my math is right!!!, | STOOA::ACOSTA | | Tue Nov 10 1992 14:36 | 45 |
| Humor me, let do some math for you. .10 was right we are guaranteed a
maximun purchase price. I believe that amount is ~$37/share (June 1st
stock value.
If you follow the stock activity during the past few days, prior to
Nov 2 an average of 700000 shares were transacted daily, from the
2nd to the 5th a total of 5,862,100 at an average of $34/share.
700000 (average) x 4 = 2,800,000 (shares if the average activity
continued)
Date High Low Close Vol(100s)
06-Nov-1992 37 36 1/8 36 3/4 8068
05-Nov-1992 36 7/8 34 5/8 36 5/8 18974
04-Nov-1992 35 1/8 34 1/4 34 1/2 11179
03-Nov-1992 36 34 1/2 34 1/2 16524
02-Nov-1992 35 5/8 33 5/8 35 5/8 11944
30-Oct-1992 34 3/8 33 1/8 33 3/4 8689
29-Oct-1992 35 33 1/4 33 1/4 7337
28-Oct-1992 35 32 7/8 35 7918
27-Oct-1992 33 5/8 32 7/8 33 7493
26-Oct-1992 34 33 1/4 33 1/2 4840
$34 x .85 = 28.9 $29/share (reducing cost by 15% empl. disc.).
If the price of stock remains at $37 or goes up, we'll pay $37/share
$37 x .85 =31.45 $31.50/share (this is the amount we'll pay)
31.5 - 29 = $ 2.5 difference
A total of 3,000,000 shares (over average) were bought on
the 4 days
$2.5 x 3,000,000 = $7,500,000 profit on the purchase price difference,
If I were Investors Servies, what you think I'll do. For further
confirmation let's see how many shares we'll see purchase on December
1st on our behalf.
|
| 2202.13 | put your money where... | HANNAH::BOONE | | Tue Nov 10 1992 15:44 | 19 |
| don't neglect the flip side. what if:
Stock bought already:
$34 x .85 = 28.9 $29/share (reducing cost by 15% empl. disc.).
December 1st stock is at $31!!
$31 x .85 = 26.35 $26/share (reducing cost by 15% empl. disc.).
28.9 - 26.35 = -2.55 Difference
-$2.55 x 3,000,000 = $7,650,000 LOSS
If you all so sure the stock will go up by Dec 1st, go buy some, and
sell it on Dec 1st!
|
| 2202.14 | ESPP from treasury stock? | OZROCK::FARAGO | FY94 HW$6B SW$4B Serv$7B | Tue Nov 10 1992 23:19 | 3 |
| I thought the ESPP prospectus states that the shares "sold" to
employees are from "treasury stock?" which means they are shares
already owned by Digital.
|
| 2202.15 | think of it as Price Support | REGENT::REGENT::BLOCHER | | Mon Nov 16 1992 20:54 | 10 |
| It does and is. However, "treasury stock" is stock Digital has bought
at sometime or the other, and is different than (previously)unissued
stock. So, in anticipation of X numbers of stock being needed on our
"buy" date, Investors Services purchases stock whenever it seems "low".
This is not bad, in that it keeps some demand out there, which keeps
the stock from going even lower, which would make our Stockholders
upset.
Marie
|
| 2202.16 | The Stock Pot | AUSTIN::UNLAND | Sic Biscuitus Disintegratum | Tue Nov 17 1992 14:23 | 16 |
| Stock price doesn't seem to be fluctuating, it seems to be on a steady
downward trend. I thought the Alpha announcement would help, until my
stockbroker pointed out to me that Digital management has repeatedly
stated that Alpha won't have any impact on revenues until the end of
next year. And while there are some people who buy and sell stocks
based on hype, most of the traders out there are interested in only
two things: revenues and profits.
I can't imagine that the Investor Services purchases make much of
a dent in the overall market volume. Even at the current low price,
I doubt that the employees consume that much stock through ESP.
And the last time I talked to anyone with options from the RSOP,
it didn't sound like they were going to be exercising those options
anytime soon ...
Geoff
|