[net.micro.cbm] CBM financial status

mdf@trwrba.UUCP (Mark D. Falleroni) (03/05/86)

Has anyone heard the status of Commodore's financial woes??  I had
heard rumors of Chapter 11.  I had also heard rumors of a takeover 
by a large firm.  Can anyone comment on these rumors??

	Mark Falleroni
	Ogden Engineering Office
	TRW Defense Systems
	Ogden, Ut.
	84401
	<mdf>

drg@philabs.UUCP (Don Gentner) (03/07/86)

> 
> Has anyone heard the status of Commodore's financial woes??

According to yesterday's New York Times, Commodore worked out a new
credit line ($123 million, I believe) with its banks.  So it looks like
Commodore should be set for another year, at least.
			Don Gentner
			Philips Laboratories