#CBM Auction
20-Aug-94 03:26:46
Sb: #160432-#CBM Auction
Fm: Brian Bartlett 72037,570
To: J Saperstein/FontBank 75300,632
Jerry,
while I'm no longer an optimist, it is amazing what a capital injection
can create, given the pessimism during a corporate collapse. True, it
usually carries a 90% failure rate, but that is double the success rate
for a new business startup. Why else would an existing bankrupt
enterprise carry a premium over a new startup?
Just a thought.
The Four Seasons of Southern California:
Fire, Flood, Earthquake, and Riot.