#Rumor Juice Here!
14 messages in this thread
Does anyone know if the announcement today from Hitachi about setting up a new
company in the UK has anything to do with C=? I read in the CIS Online Today
that Hitachi is serious about getting into the microcomputer market… the
timing and location seemed a little coincidental.
I don't think so…
This is what I hear from CEI: The liquidation arrangements will take about
another 4 weeks, what with the courts and all, after which bidding will
really begin, and the only serious bidder in the U.S. at any rate is CEI.
Supposedly, they're talking money in the neighborhood of $13 million for
technology and rights, and plan to manufacture new Amigas and continue R&D
into the next generation.
Fact or fiction or moot I don't know.
Paul
That sounds sensible, as opposed to a lot of cr*p floating around here lately
(Lord knows I have contributed my fair share). I just thought it was weird
Hitachi would announce something like that right now, and I had read a rumor in
this forum about them scheming some castle-in-the-sky buy-out… it's pretty
bad when the company goes broke and nobody (with money) wants to buy the
important/good parts. $13m? Where'd you get that figure?
$13mil came from CEI apparently. My dealer, who I trust, talked to them
early this morning (Monday morning) and that's what they said.
It's not as harsh as I'd feared, but still it's only a small part of the
investment necessary to really do the job.
Paul
Yeah, but jeez, you'd figure some other company that's a little healthier would
take the risk for a _mere_ 13 mil (heh heh – like I have that much just lying
around in old shoe boxes).
> a _mere_ 13 mil (heh heh – like I have that much just lying around in >
old shoe boxes).
Gee Garry, where do you live? I'd like to come around and help you tidy
up 🙂
regards, Lu on AutoPilot downunder
Heh heh – the only thing I have in boxes around the house is DUST bunnies!
>> Heh heh – the only thing I have in boxes around the house is DUST
>> bunnies!
Maybe you could offer them 13 million dust bunnies.
-Mitch
WHAT?!? And lose my valuable collection? It took so long to build…
I'll be sending you my dust bunny collection then. No need to thank me.
-Mitch
Well, no thanks then!
13 million sounds low. Also without any attempt to hire the lions share
of the technincal team, I don't see how they intend to continure R&D
without serious schedule slip (like 2-3 years before a new Amiga hits the
bircks).
Also, based on past communiques with their dealers, I would hazard a guess
that their topmost priority in even announcing a thing like this is to
keep the buyers comming so they can continue selling any Amigas they can
lay their hands on.
The other thing is that, based on the "civil" way the shareholder movement
and dealers were treated at the last annual meeting, I thing all the
arrangements had already been made and the pies cut up. I think the only
way a new player gets in the act is if one of the old ones drops out or
fails to get the financing necessary to buy.
wmc – via Autopilot!