notso VITAL INFORMATION
03-May-94 16:49:37
Sb: notso VITAL INFORMATION
Fm: Steve Bennett/SYSOP 76702,1071
To: Steve Ahlstrom 76703,2006
Something just occured to me… anyone here ever hear of a company called
Applied Electronics? They manufactured over 600,000 of the C64's, (as well
as 70% of all of Texas Instruments calculators, GemStar's VCR Plus, and a
zillion other things that go whiz bang and pop) are a major OEM
electronics giant in the consumer goods arena and have been exploding
their sales by marketing products under the brand name Quorum (Quorum
International, Inc. a susidiary of Applied based in Phoenix, incorporated
just 2.5 years ago, now doing $250 mil/yr).
Applied is cash rich (no debt) and has a market capitalization of over
$400 mil. Follow the money folks. <g>
Quorum has just opened up its European offices in Holland, Belgium and
Paris (after a $75 million successful bond issue last year that oversold
by 25%) and is slotted to open for business in Germany, Spain, Italy and
Australia this year and/or next.
Would be an interesting fit indeed based on what sj has cited about these
C= companies being distribution companies, not manufacturing.
For anyone who is interested, Applied International Holdings is a publicly
traded company on the Hong kong exchange, and was listed in Money
Magazine's December issue as being "the hottest stock in the world" up
617% in 1993 (as well as the November Forbes).
Applied also owns a company called Applied Electronics Limited that is
based, guess where? Yup. The Bahamas. <g>
note: pure conjecture, 100% speculation, period. <g>