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[News] Metabox shares downANN.lu
Posted on 28-Sep-2000 14:27 GMT by Christian Kemp7 comments
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While watching the olympics on TV, I zapped to German news channel n-tv, who reported that Metabox's shares went down by about 50% today. Some quick research indicates that they are at €6,95 right now, after a record high of €45,80 earlier this year. Here's a link to a German article, via Yahoo.
Metabox shares down : Comment 1 of 7ANN.lu
Posted by Torsten on 27-Sep-2000 22:00 GMT
pride comes before the fall...
Metabox shares down : Comment 2 of 7ANN.lu
Posted by bbuilder on 27-Sep-2000 22:00 GMT
What happened? Did they screw up their deal with some "scandinavian" companies?
So now they consentrate on AmiJoe???? ;-)
Metabox shares down : Comment 3 of 7ANN.lu
Posted by Anonymous on 28-Sep-2000 22:00 GMT
Here is the english version:
http://biz.yahoo.com/rf/000928/l28133282.html
Metabox shares down : Comment 4 of 7ANN.lu
Posted by Mr Entertainment on 28-Sep-2000 22:00 GMT
So ... should we buy ... or sell??
Metabox shares down : Comment 5 of 7ANN.lu
Posted by PaulT on 28-Sep-2000 22:00 GMT
In reply to Comment 3 (Anonymous):
The business article links to a Yahoo! site that as of right now shows NO market data. :( But if you think they're going to come back and make it to market, then buy! If you bought at 50, sell now, lock in your losses, and hope that it stays low for 31 days when you can buy back in for 1/10th the cost. (American stock & capital gains laws, YMMV.) Why buy? Well, haven't all of the firms that Dave Haynie worked for done sparklingly? Let's see: Commodore (tanked itself), PIOS (tanked by Apple's duplicity). Is that enough information to buy and sell on? Of course not, but it makes for a good Amiga story.... <:}
PaulT
Metabox shares down : Comment 6 of 7ANN.lu
Posted by John Chandler on 28-Sep-2000 22:00 GMT
In reply to Comment 5 (PaulT):
Erm, you do know Met@Box is PIOS under a new name? They had to change because a) PIOS was already in use by another company, b) it equated better with their STB line.
John
Metabox shares down : Comment 7 of 7ANN.lu
Posted by PaulT on 28-Sep-2000 22:00 GMT
In reply to Comment 6 (John Chandler):
Yes, sorry I wasn't clear. PIOS' major product AFAIK was to be the CHRP/PREP Mac & "open" hardware which was to also be transmutable into an Amiga with little effort. When
1)Apple and IBM failed to come to agreement on getting that out in a timely fashion, and
2)when Apple yanked the Mac-clone licenses that could have expanded its market share,
PIOS nearly tanked. They changed names and markets to focus largely on set-tops and have made some major acquisitions there as described previously here at ANN. :) I'm not sure if the name change didn't coincide with an early buyout of someone else's tech to facilitate this change.
Apple apparently cut the clone program off at the knees because instead of expanding their market by lowering their price, they naively thought that licensing clones alone would help. Instead of benefiting them they found the clones ate Apple's own sales (well,duh) and instead of lowering their margins they just reneged on the licensing program.
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