CompuServe Messages

#I think …

    22-Dec-94 20:08:13
Sb: #I think …
Fm: Alex Baker 75606,563
To: Mark Corbo 74767,1105
Mark, I think the key words were "was working on", and "would have been". So far, nobody has bought anything, and nothing is being developed at this time. (At least in terms of official Amiga product.) There are growing signs that neither group is well financed. (Were this so, somebody would have upped the offer to get things rolling before the Amiga market finishes completely collapsing. And certanly a well financed group could offer enough to blow the other group out of the water. Alex has already admitted that his investors are nervous. For all of David's posturing, he has shown little financial staying power also. If he is as well financed as he claims it should have been no problem to submit a bid that would have finished off Alex.) From what I have been able to derive from some releases and simple math, the bids are less than 10 cents on the dollar for what C= owes to creditors. This figure has ben placed at around $300 million. Which means that the bids are probably under $30 million. If the groups are having trouble scraping up that kind of money, where will the dollars for development and marketing come from? What many in this area tend to forget is that the trustees owe us nothing. (Unless some here are C= creditors.) They also have no vested interest in the survival of the Amiga as a computer. What they are responsible for is to see that the greatest amount of money is received for the assets. If that means piecing it out to different parties, that is what they will do. From what I've seen so far, these knights on stallions are seeming more like stable boy pretenders riding burros. Rather than hold off on that fancy Amiga, and buying a 1200 to tide you over, I suggest that if you are deciding to invest more money in Amiga technology you best buy what it is you want now, as it may be the last there will ever be. – Alex… Celebrating 10 years on Compuserve