CompuServe Messages

#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)