#CBM Australia near death
18-Feb-94 19:59:47
Sb: #132301-#CBM Australia near death
Fm: John M. Vreeland 73204,1450
To: Paul Glavich 100236,2452
What's with all those directors, or presidents at C= who kept rolling
in and out the revolving door? Come to think of it, who's running
the show now? Not Mehdi Ali, who sometimes appears more interested
in raking the company for what he can get. Did anyone else read that
editorial a couple of weeks ago in the Economist about shareholders
overturning the boards of directors of IBM, GM, etc.,
Okay, I admit that I'm confused. Who owns C=? Is it mostly held by
one terribly sorry person or is the misery spread out more? I wish
some disgruntled shareholders would stage a proxy fight. I'm just
afraid that the company doesn't even look worth taking over. How
terribly depressing. <B-{<
"CBM's not what it used to be/under the buttonwood tree"