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Commodore News

    10-Apr-94 08:43:52
Sb: #138546-Commodore News
Fm: GTI Germany 100336,1245
To: Hans Keesom 100332,3410
Hi ! Talk here (Germany) circles very much around HP – but that they are only interetsed in AAA and NOT Commodore as such. In any case how can you "buy" (i.e. pay money for) a company with over 100 Mil $ negative net worth ! My guess is that certain parts of Commodore (e.g. Commodore Germany & maybe also Commodore UK) will be sold off as entities. The Commodore Holding company would sell the copyright on the technology to a market major (e.g. HP, Sony or someone like that). The new owners of Commodre in Germany/U.K. for instance would then pay only license fees to the states but apart from that be free to manufacture and market on a local basis. On this basis Commodore Germany could be sold as a going concen. I expect an announcement in the next few days and am not overly worried – GTI is very much Amiga/CD32 committed and will remain so. I see no point in buying shares however – the banks come first in any sale of assets and I doubt if shareholders will find anthying left over for thm after such a company break-up.. Regards Richard Small GTI GmbH