#CBU, $177.6M Loss
30-May-93 01:35:52
Sb: #101884-#CBU, $177.6M Loss
Fm: Dale Cohen 75300,3674
To: Steve Ahlstrom 76703,2006
Hi Steve,
If I read you right C= lost have lost more money per share than the actual
share is worth. Is that correct, if so is C='s long term viability threatened?
I'm not trying to say "~~Are they about to go belly-up?", but wont that sort of
loss affect their long term ability to do R&D, promotion, and compete against
"the big boys", basically does this threaten to push C= further toward niche
status ~~~like Acorn? (who may actually be on the comeback trail with a new
risc chip btw).
I can not tell realistically how C= is doing, I'm in Australia where they have
made sure it will never be more than a competitor with Sega and Nintendo. I
judge the Amiga on it's merits not it's maker but obviously if the maker is
threatened so is the machine, I'd hate to see that.~
– Dale (who is rather hipocritically using Nav)