[Info-vax] Off-Topic: UNISYS problems

[Michael S]

On Friday, November 11, 2022 at 2:10:22 AM UTC+2, Stephen Hoffman wrote:
> 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.

I tried to look for any financial information about VSI revenues or any other
numbers, but found nothing except that they have approximately 150 employees.
>From their web site it's not even possible to figure out what sort of company
they are. From reading this group I got the impression that they are privately
owned by some Swedish mogul. Is this correct?
It's a lot easier to find info about UNISYS, including the # of employees - 
approximately 16,000.
>From that number it looks like UNISYS is 100 times bigger than VSI which I
don't consider "slight difference".

> And when last I checked, VSI 
> didn't have native COBOL or Fortran compilers available for x86-64 as 
> yet. 
> 
> 
> 
> 
> -- 
> Pure Personal Opinion | HoffmanLabs LLC