Path: utzoo!utgpu!news-server.csri.toronto.edu!cs.utexas.edu!wuarchive!udel!mmdf
From: mjsagar@sandia.gov (9123 SAGARTZ, MATHIAS J.)
Newsgroups: comp.sys.amiga
Subject: CBM's stock heads south
Message-ID: <16424@snow-white.udel.EDU>
Date: 10 Apr 90 22:04:10 GMT
Sender: mmdf@udel.EDU
Lines: 12


	Last week (4/2 to 4/6) CBM's stock dropped about 10% and the 
sinking is continuing.  Right now the market values CBM at about 1/4
annual sales, which is pretty close to the ratio that the market put
on the company when bankruptcy was considered likely back in the dark
days.  That's terrible.  Things aren't really that bad are they?  I
suppose the only way to tell is to keep an eye out for management
heading for the exits.  It's sad to note that CBM's stockholders
are getting the kind of support that the company used to give it's
customers before the new regime took over.  What does Irving do 
for that 1.25M he pays himself?  Actually I'll bet he costs us a lot
more than that via expense account globe trotting!