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Conference tallis::celt

Title:Celt Notefile
Moderator:TALLIS::DARCY
Created:Wed Feb 19 1986
Last Modified:Tue Jun 03 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1632
Total number of notes:20523

1370.0. "Official CELT Black Friday note" by TALLIS::DARCY (Alpha Migration Tools) Fri Apr 15 1994 11:36

    
DEC 24, change -4 7/8; DJIA 3669.50, change +6.25 at 10:25.
Report entered at Fri Apr 15 10:25:42 1994.
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1370.1IRNBRU::HOWARDvamos a la playaFri Apr 15 1994 11:385
    this is indeed bad news....
    
    Stock has stopped trading at 24....
    
    Ray
1370.2NOW that is a lot of money.PAKORA::SNEILFOLLOW WE WILLFri Apr 15 1994 12:156
    
    
     Q3 result   -$183,000,000
    
    
    SCott
1370.3TOPDOC::AHERNDennis the MenaceFri Apr 15 1994 12:426
    Remember when we were worried that if the stock price dropped to the
    book value that somebody would buy us.  What was that, 60 something?
    
    Has anyone computed how many DEC shares it would've taken to buy the
    Wang Towers?
    
1370.4About 25,000 shares.CTHQ::COADYFri Apr 15 1994 14:113
    
    
    About 25,000 shares, assuming it was sold for $500k and a share=$20