Shareholders update
02-Nov-93 19:59:38
Sb: #120514-Shareholders update
Fm: Paul Higginbottom 76314,2742
To: Rob Salmon 71533,1064
It's easy to criticize, but they (the Tramiel's) took Commodore from a
typewriter repair shop in Canada to a multinational company with more than one
billion in sales. Not bad going. Gould's (current chairman) backing money
helped, but he was largely in the background. I agree the Tramiel's would not
be good for Commodore (or anyone) now, since they're "business model" it out of
sync with the nature of today's marketplace, but to only criticize their past
is not exactly fair. On the other hand, Mehdi Ali (current President) can ONLY
be criticized. Commodore has gone into a steady decline since he became
President. Commodore's progress has moved inversely to his salary (gag). He's
knowledgeable about finance, but knows nothing about how to run a computer
company.