#FIGHT BACK!
Jon,
If you really want to apply pressure, you'd best start with the creditors.
The trustees are there to get the highest dollar for the creditors.
None of these people are Forrest Gump. Do you really think that the
salability of the Amiga as a continuing concern is only apparent to the
people here on Compuserve?
Out of all the articles in newspapers and magazines, and surely the
documents files by Amiga International and CEI, some mention of
deterioration over time, of the value of the technology has been
mentioned.
The creditors and trustee may well feel that a higher return may be
realized by parting C= out, as opposed to selling the assets as a whole.
The name of the computer company escapes me at the moment, however they
patented the game cartridge and certain animation technology. The company
recently won a judgement against Nintendo for patent infringement to the
tune of over $100 million. The kicker is, that the company went broke
over 10 years ago, and is still in the hands of the trustees. In this
particular case, which is surely and isolated one, more money was to be
had by not selling the assets.
I doubt any such future windfall would be available from lawsuits over the
Amiga technology, however C= is not the first computer company to go
broke. (Nor is it likely to be the last.) Lawyers love precident, and
surely they have looked at past liquidations and are well aware of the
rate at which technolgy depreciates. Possibly they are better informed
than we.
Lastly there is money to be made in loosing money. A really good write
off is sometimes more valuable than getting back a few cents on the
dollar.
All of that doesn't help us, but then again they owe us nothing. We gave
our money, and got a computer. They loaned theirs, and were not repaid,
so they foreclosed and now C= is theirs. If they can make more money by
not selling C= and taking the write off, then that is what they owe to
their share holders to do. No matter how negatively it affects us.