CompuServe Messages

#Commodore Stock

    09-May-89 23:31:02
Sb: #47583-#Commodore Stock
Fm: Ray Lewis 76057,467
To: Dave Lipshutz 72475,557
Dave, you're right. FMR does not do takeovers. They do, however, instantly sell their stock to any adequately financed raider, and they almost always vote for that adequately financed raider if it gets to a proxy fight designed to eliminate anti-takeover measures controlled by the board. OTOH, Lynch is one of the savyest players on Wall Street, and I would suspect that FMR's purchase of a sizable amount of Commodore stock is a very good sign vis a vis the outlook for CBM's financial health. Further, if everything I've heard regarding Gould is correct, we might all benefit if he were thrown out by a raider (many of these guys are very sharp, and do know how to run businesses well).