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Author Topic: Irving Gould vs. The World  (Read 6713 times)

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Offline B00tDisk

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Re: Irving Gould vs. The World
« on: December 14, 2011, 06:21:21 AM »
Quote from: Matt_H;671357
By the way, Alexander Haig has also ceased to be. What this guy was doing on Commodore's board, I will never know.


In the 80s and even very early 90s C= was still a helluva company.  Woz may moan and groan about the C64 but the flat fact of the matter is 22 million units was vastly more than the line of Apple IIs moved, certainly more than the IBM 5150s brought home by employees, and absolutely tons more than the Atari and other also-rans combined.  While I don't think the departed general had any interest in it beyond investing and then winding up in charge of part of the company, it made good dollar sense at the time.

It's amazing to think that as late as (IIRC) 1990 C= was still trading in the lower mid 20's.  That'd be like trading in the lower mid 90's-100's today.

What's more amazing* is that by 1993 they were essentially dead.  I think the last time I looked at their stock it was trading at $3, and got a $.10 bump when rumors surfaced that Sony might be looking to buy.


*=depressing.
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Offline B00tDisk

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Re: Irving Gould vs. The World
« Reply #1 on: December 14, 2011, 03:57:55 PM »
I like how they moved the shareholders meetings to the Bahamas to basically **** the people who could have saved the company (from a monetary standpoint) right in the ass.
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