CompuServe Messages

#FIGHT BACK!

    06-Mar-95 00:36:17
Sb: #FIGHT BACK!
Fm: Wayne Steele 76276,3371
To: J Saperstein/FontBank 75300,632
Jerry: >> The process of liquidating Commodore is one of law. It has no other purpose than winding up the affairs of the corporation according to the law and realizing as much money from the sale of Commodore's assets as possible for the benefit of the creditors. I agree completely. However, don't you think the longer this goes on, the less money the creditors are likely to get? As we rapidly approach the one-year anniversary of Commodore's closure, it is clear that the potential to make money in the Amiga market has dwindled. Sooner or later, the bids on the table are gonna take a dive. It's simple economics, really. Each one of these "two week" delays costs the Amiga market dearly. We're losing users, developers, and – witness Amiga World – resources. CEI and AIL must be aware of this. At some point, they'll have to realize that the risk is increasing while the value is decreasing. Hence, I think their backers will force them to reduce their offers to compensate. Wayne