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- Path: news.xnet.com!jcompton
- From: jcompton@flood.xnet.com (Jason Compton)
- Newsgroups: comp.sys.amiga.misc
- Subject: Re: ESCOM takes a dive
- Date: 4 Jan 1996 01:15:33 GMT
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- References: <4ccdha$5pb@orm.southern.co.nz> <wfblanDKMH3L.I0A@netcom.com>
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- Wells Fargo Bank (wfblan@netcom.com) wrote:
-
- : Well, I would think that this 'dip' in profits was partly due to putting out
- : over 30 million in puchasing and producing the Amiga line again. If this
- : trend hasn't balanced out by 2nd QTR of '96, then I will be concerned.
- : Otherwise, I am not very surprised to see it. While I don't know how much
- : Escom normally profits in a year... you try spending around 30 million
- : dollars for whatever it may be, and see if your financial sheet doesn't
- : show a fairly meager outlook for a while.
-
- Amiga was a drop in the bucket compared to the Rumbelows (Escom UK) deal
- and the RWE stock deal.
-
- : May well be that NOW is the time to get stock in the company while its 25%
- : below its normal cost, and wait for it to go up again.
-
- It's not publicly traded, though.
-
- --
- Jason Compton jcompton@xnet.com
- Editor-in-Chief, Amiga Report Magazine (708) 741-0689 FAX
- The warming sun... ...the cooling rain.
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