#Commodore Bankrupt !?
21-Nov-93 21:57:05
Sb: #121807-#Commodore Bankrupt !?
Fm: jim locker 76516,403
To: Steve Ahlstrom 76703,2006
In fact, Commodore was expected to lose money in fiscal 4th quarter.
I am having obtaining correct info, but the stock performance seems
to indicate that the stock is doing better than analyst expectations:
it finished at 4 on friday. I am more interested in the fact that it
jumped from 3 to 4.5 in one day a couple weeks ago. That event caused
me to increase my position in CBU by 1500 shares.
On a related subject, I am here now looking for info on rumors
of a shareholder developer/vendor revolt against Commodore, with the
goal of getting rid of Irving Gould. I hold 5500 shares of CBU right
now, and will happily assign a proxy to any such revolt. Any info,
please contact me ASAP.
Jim Locker (former Amiga Developer, still Amiga lover, and
speculative investor).