CompuServe Messages

Conjunction Injuction?

    21-Apr-94 21:16:53
Fm: Charles Hill 76370,3045
To: Mark D. Manes 74030,744
Mark, I also heard the same thing…except that the injunction is from a lawsuit filed by Prudential and has nothing to do with the GUI. CBM owes them many millions (in default since last June) and they are taking steps. Three of four major distributors are out of all Amigas & monitors — Micropace had 3 A4000s left today, CEI had 10 and Microsphere was in single digits. All told me that they didn't expect any soon. I didn't talk to Merisel. It seems that CBM US unloaded all their stores at the end of March when the injunection took place. Many of the items were sold to Canadian distributors and delae dealers to raise cash. Canada has plenty of units. On a lighter note: Computer Reseller news reported that Sage Technologies, Inc.has just completed the acquisition of CBM, Inc. and expects first quarter sales to be $110 – $115 million and decond quarter to be $200 million. -Chas