CompuServe Thread

#Cringely Rumors Again…

21 messages in this thread
#150020From: Jonathan HirschmanJun 1, 1994 11:02 AM
Here's the latest from Infoword's Robert X. Cringely… " { at comdex } There was a lot of talk, surprisingly, about Commdore and the fate of the Amiga, which I understand Samsung intends to sell chip sets for, so we may acutally see legions of Amiga clones. H-P is also rumored to be considering Commodore's CD32 video player (sold only in Europe) as the basis of a set-top box." Jonathan
#150113From: Charles HillJun 1, 1994 7:53 PM
To throw some more wood on the fire… My contacts in the UK tell me that CBM UK is still operating fine and that CBM management in the UK and Germany is still there. UK is very upbeat and say that there are 5 deals on the table and Samsung is the one CBM wants but if it falls through, there are others. UK said that they "had not heard of any May 31 deadline…pure rubbish" and that things were proceeding accordingly. They also said that they received *new* Amigas. Not units from a warehouse, but *new* manufactured units! (I don't know which units or where they came from, but I was assured that they were *new*.) -Chas
#150661From: Grant BoucherJun 4, 1994 12:21 AM
The May 30th court date is not rubbish and the deal apparently did not go through. CBM is looking for an extension to continue negotiating. If they do not get it, the judge gets to liquidate their assets to the highest bidder. Apparently, the BIG JERKS are still involved in this process, screwing things up as much as ever!!! GO AWAY and let the highest bidder make some darn money. I want my Amiga back… Grant Boucher – Amblin Imaging "It's hard to believe grown-ups do this for a living."
#150670From: Garry NelsonJun 4, 1994 12:37 AM
Is there a newspaper, magazine or reputable business journal that has/will publish this court-date information? If so, please name {it.
#150676From: J Saperstein/FontBankJun 4, 1994 12:46 AM
Garry: The Wall St. Journal is business' newspaper of record. Commodore stock represents a very significant loss for the investment community, so it is likely that any major news in the liquidation process will be carried there. Normally computer related stuff is in the second section. I'm also checking The Philadelphia Inquirer and San Jose Mercury News on a daily basis to catch any news that might appear there. And I'm sure others are checking other sources as well. One thing to be careful of, though, is people reporting rumors as "news". Jerry
#150807From: Garry NelsonJun 4, 1994 3:30 PM
<rumor as "news"> – you aren't kidding! I am getting more than a little impatient at the lack of facts and overabundance of rumor…
#150743From: Grant BoucherJun 4, 1994 10:38 AM
>Is there a newspaper, magazine or reputable business journal that >has/will publish this court-date information? If so, please name {it. Is there a newspaper, magazine or reputable business journal that even has/will publish ANY news of Commodore, ever?! Seriously, this information comes from the people actually negotiating this whole thing and not from some lamer in the UK, France, or Germany who still thinks CBM is in business :} Just trying to help…so chill…until formal announcements are made, we are all in same boat. Some of us just have better contacts than others. The court date business is WELL known now and has been confirmed by all of the people I leak to and from :} Grant Boucher – Amblin Imaging "It's hard to believe grown-ups do this for a living."
#150756From: Mal LansellJun 4, 1994 11:45 AM
Grant, Yeah, some of us do have better contacts than others. I do business directly with Commodore UK and they ARE still operating, and don't expect that to change. Mal
#150791From: Dale LarsonJun 4, 1994 1:56 PM
Commodore UK is a lousy contact. When I worked in engineering, they repeatedly announced things that engineering was supposedly doing and when they were supppsedly going to be done (sometimes even that a prototype was already working). They were full of [explitive deleted]. — Dale L. Larson, Intangible Assets Manufacturing
#150808From: Garry NelsonJun 4, 1994 3:32 PM
Touche'! nice reality check.
#150902From: Mark D. ManesJun 5, 1994 12:39 AM
Garry, I have seen the actual paperwork that was filed in the Bahamian (sp?) Supreme Court. The Court date was May 31st. The document named the accounting firm who was to do the liquidation and also indicated that Commodore Electronics, Ltd. was really Commodore International. As to what happened on the 31st, I haven't a clue. One source that I have says that Samsung is not interested in building Amigas but rather getting Commodore's distribution centers in Europe. Another source tells me that Samsung is no more in the running than any of the other companies. Another source says that Commodore did ask for an extension. The point here is that other than the court date there is no facts to be found out there. Those who really know are not talking. 🙂 -mark= Otto Pilot Engaged..
#150933From: Garry NelsonJun 5, 1994 3:03 AM
Thanks for adding a FACT to my collection of info, though! What is the name of the accounting firm? Garry Nelson (Still waiting for the resurrection)
#150996From: Mark D. ManesJun 5, 1994 11:48 AM
I don't have the paper in front of me now, when I find it I will post the name of the company. -mark= Otto Pilot Engaged..
#151071From: Steve AhlstromJun 5, 1994 7:14 PM
I posted this info a couple of weeks ago, but, here it is again … Two men, Franklin Wilson and MacGregor Robertson, partners in the accounting firm Deloitte & Touche, are the trustees. Although both are partners in Deloitte & Touche, they perform this job as individuals, not as members of their accounting firm. -sja
#151120From: Garry NelsonJun 6, 1994 12:39 AM
Thanks for the info! Another _hard_ fact to add to the collection… Garry Nelson (Still waiting for the resurrection)
#150978From: Chris LesterJun 5, 1994 8:14 AM
>> Those who really know are not talking. 🙂 That's assuming that _THEY_ know! <g> Chris – Fast and Low on my '020! "MicroSoft": from Micro = small, and Soft = limp.
#151040From: Garry NelsonJun 5, 1994 4:33 PM
I'd like to know why their not talking! Garry Nelson (Still waiting for the resurrection)
#151108From: Chris LesterJun 5, 1994 11:42 PM
Hell, they didn't talk when they HAD a job, why start now! <g> Chris – Fast and Low on my '020! "MicroSoft": from Micro = small, and Soft = limp.
#150827From: Mr. ChalleronJun 4, 1994 7:00 PM
>I want my Amiga back… Oh, no; you mean it's been stolen AGAIN?? 😉 Mr. C (Amiga: Muerte O Suerte?)
#150967From: Mario van GinnekenJun 5, 1994 7:19 AM
Give those people their own forum: GO AWAY. -MaRiO- -= Intel inside! (…my washing machine) =- Confucius say: "A bird in hand makes it hard to blow nose"
#150979From: Chris LesterJun 5, 1994 8:14 AM
OTFL! Chris – Fast and Low on my '020! "MicroSoft": from Micro = small, and Soft = limp.