CompuServe Messages

#Commodore Stock

    16-May-95 16:29:32
Sb: #197196-#Commodore Stock
Fm: Don Curtis/SYSOP 76703,4321
To: Daniel J. Wolfson 74673,1401
Daniel, It depends on the end result of the bankruptcy. The sale of the company was simply a way to convert an asset into cash. The cash is then distributed to the creditors based on whether they're secured creditors or unsecured creditors. A share holder is an unsecured creditor. Considering selling the assets didn't even get enough money to pay off the secured creditors, stock holders, and other unsecured creditors are left with worthless paper. Don