[Info-vax] Off-Topic: UNISYS problems

[Stephen Hoffman]

On 2022-11-10 14:04:32 +0000, Bill Gunshannon said:

> On 11/9/22 21:30, Arne Vajhøj wrote:
>> (UNISYS has been mentioned here a few times)
>> 
>> https://www.bizjournals.com/philadelphia/news/2022/11/08/unisys-stock-plummets-internal-investigation.html 
>> 
>> 
> 
> Interesting, but confusing.
> 
> How does a $.59 loss on a $5.15 share value workout to be a "50% plunge"?

The Unisys share price dropped from ~$9 on Tuesday to (for a time) 
~$4.50 on Wednesday.

https://finance.yahoo.com/quote/UIS — check the 5 day plot for this 
week for the "plunge".

> Guess I don;t really understand the stock market.

Reports of accounting irregularities and delayed 10Q filings will tend 
to move stock prices.

> On another note, having been a UNNIVAC Applications and System 
> programmer in another life I have followed them...

Longstanding Unisys users are unlikely to port to VSI OpenVMS, given 
the longstanding path from UNIVAC and EXEC-8 and follow-ons including 
ClearPath Dorado to the newer ClearPath IX and x86-64, and—if not 
following the Unisys path—given the plethora of platforms with COBOL 
and Fortran support. As for relative company sizes, Unisys 2021 
revenues were past two billion, seemingly slightly more than what VSI 
has accrued. Slight difference, there. And when last I checked, VSI 
didn't have native COBOL or Fortran compilers available for x86-64 as 
yet.




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