Information Technology Reference
In-Depth Information
MCM
Power mar-
keting brochure,
1980. (Source: York
University Com-
puter Museum.)
deep and the had the money to do that. They were quite
happy with the strategic plan that I had presented, which
included bringing a new 16-bit
PC
system to market. They
had the in-house computer smarts and all that went with
it. However, I told the board of
MCM
directors that I
wasn't prepared to go ahead with this unless I had major-
ity control.
Woods figured that once he was the majority shareholder,
it would be easy to buy the remaining shares. In the end, his
shares would have translated into 10 per cent shareholding in
the new re-financed
MCM
, with the rest of the shares going to
the British investor group. “A little bit devious on my part,” ex-
plained Woods, “but nevertheless it was a solid recovery plan.”
