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From: kev@voder.UUCP (Kevin Hoskins)
Newsgroups: net.micro.cbm,net.micro.amiga,net.micro.atari,net.micro
Subject: The Demise of Commodore!??
Message-ID: <1024@voder.UUCP>
Date: Fri, 31-Jan-86 12:44:46 EST
Article-I.D.: voder.1024
Posted: Fri Jan 31 12:44:46 1986
Date-Received: Sun, 2-Feb-86 01:11:04 EST
Organization: National Semiconductor, Santa Clara
Lines: 22
Keywords: "Your loans are due today, sir!"
Xref: watmath net.micro.cbm:1976 net.micro.amiga:1807 net.micro.atari:2674 net.micro:13669



     About three weeks ago a friend of mine at Epyx here in Sunnyvale
informed me of the possibility of Commodore filing for bankruptcy.
Since he did not tell me where he heard this from, I kept it off the 
net. 

     However, this morning (1-31-86) the stock market reporter on an 
ABC radio affiliate in San Francisco, KGO, announced that Commodore's 
creditors have told the company that today is the day that they have 
to pay up. This is after one previous extension of a payment deadline.

     My friend was right.

     Will Commodore survive?



     One final note, during the past few weeks Commodore stock has 
fallen nearly 40% and is now selling(!?!) for less than $7 a share.

     Kevin