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From: grr@cbm.UUCP (George Robbins)
Newsgroups: net.micro.amiga
Subject: Re: Problems with commodore
Message-ID: <26@cbm.UUCP>
Date: Tue, 4-Mar-86 13:03:41 EST
Article-I.D.: cbm.26
Posted: Tue Mar  4 13:03:41 1986
Date-Received: Sat, 15-Mar-86 01:37:50 EST
References: <8603032304.AA26527@cory>
Organization: Commodore Engineering, West Chester, PA
Lines: 25


> 	Well, I don't know about Commodore filing for bankruptcy, but they are
> definately having problems with their creditors.
> 
> 	What's the scoop? (If you are not authorized to say anything, tell us
> so, but don't give us the 'nothing is wrong' line)
> 
>		 -Matt


	Exactly!  This is what these silly disclaimers are all about.  A
company's non-executive employees are not in a position to make pronouncements
about that company's health or business practices.

	Also, it would be silly to respond to every "the Atari dealer told my
friend Joe that CBM was about to go under" rumor.  You can get better and more
timely information by reading the Wall Street Journal's coverage (generally
critical) than from the net.

	Anyhow, the last press release posted announced that CBM had reaced
an agreement with their banks for financing through March 1987.
-- 
George Robbins - now working with,	uucp: {ihnp4|seismo|caip}!cbm!grr
but no way officially representing	arpa: cbm!grr@seismo.css.GOV
Commodore, Engineering Department	fone: 215-431-9255 (only by moonlite)