CompuServe Messages

Rumour no.4340

    21-May-94 18:37:55
Sb: Rumour no.4340
Fm: Paul Rigby 75300,1503
To: All
Here's another rumour to throw into the pile. Friend of mine knows a guy in the Credit Referencing business. I think that's what it's called. You know the chaps. they check out your credit and tell the retailer that, no, you can't take out Hire Purchase on that vacuum cleaner because you already owe the World Bank $5 billion. You know the sort of thing… Anyway, this guy says his credit company have been told to stop credit to Commodore UK AND Commodore Germany because they are both being wound up /about to close/whatever. Details are a bit sketchy. Now this info might be complete hog-wash. If so, then fine. If there's truth in this then you've got 2 points. Either 1: Commodore have finally sunk, it's the end, finito; or 2: Someone has bought the company and has sanctioned some immediate and rather sweeping changes from Day 1 re-structuring the whole company. Let's say, into one European office? CBM's co-MD, Colin Proudfoot told me (2 weeks ago) he wanted to see a single Euro office instead of multi-country offices. Food for thought. Paul Paul