#CEI Update
12 messages in this thread
I spoke with Alex Amor of CEI today. He remains "90 to 95" percent
confident that his proposal for Commodore will be successful. He said he has
met in New York with the liquidator and that his lawyer continues to be in
contact with the liquidator on a daily basis. He said he expects a decision
within "two to four weeks."
I post this here because I think it may be of interest to forum
members and I'm not sure I could construct a separate news story out of it. It
looks as though this thing could stretch out even longer than most of us had
thought. C=Uk is hoping for a decision by Sept. 20.
— Dan
Thanks, Dan. Interesting….
Trent/ReAnimators
Thanks for the update, Dan. This "two to four weeks" jazz makes it sound
like they're giving release dates for a new software products! 🙂 They
should just say "Real Soon Now". 🙂
Thanks, Dan…
Let's see now…Commodore UK is 99% sure they've got it, CEI is 90-95% sure
they've got it…I love those numbers!
Marion
CROSSINGS
Newsletter for Amiga/PC/Mac compatibility
Dan, Thanks for the news!
CEI thinks they'll win, CBM-UK know they'll win.
It sounds like an AWF wrestling match to me.
AWF – Amiga Wrestling Federation
Well lets hope that someone gets it soon, companies, distributors, and stores
have been disappearing by the second (whoah! there goes another one). If they
do not get it fast it won't matter.
I just hope with the liquidators not giving a hoot about the Amiga's
future (not their job, I understand), this doesn't turn into the AWF – the
Amiga Wrecking Foundation 8(
DJ
On AP from Queens, the rotten core of the Big Apple
Eulogio,
It's not that the Liquidators don't care about the Amiga's future, per
se. They have a fiduciary obligation to get the most money for the
creditors when they sell the assets. They don't particulary care how much
money the purchaser garners from the assets after acquiring them. If they
can get more money for the creditors by selling the Amiga technology in
pieces or selling the assets too late for the Christmas season, they will
do that, as rightfully they should. Their obligation is to the creditors
and not to Amiga owners. They would be breaching their fiduciary duties to
the creditors if they acted otherwise.
However, if not selling the Amiga technology right away, so that Amigas
can be sold in time for the Christmas season, means that the value of that
technology will decrease, and that future bids will be lower, then they
will try to sell it right away. So they might be tangentially concerned
with the Amiga's future, in that the value of the Amiga technology is
worth more to a purchaser if they can acquire that technology in time for
the Christmas season, rather than after it.
On AP from Queens, the class and elegance of the Big Apple
Dan,
As a long time Amiga user this is good news. After reading the interview
with the head of the UK people I don't think they understand what makes
the Amiga a good product. If you read any of the main stream computer
magazines over the last few years, you will see they peg the Amiga's
unique video capabilities as the number one reason to own one. If the UK
has thier way, they would stagnate this capability and try to compeat with
other PC's. I don't mind waiting another year for the AAA chips and a new
Amiga, the 4000 computer line with AGA will still be a good computer for
the next year. As a PC like computer, any new Amiga would cost too much,
be too far out of the mainstream, have NO developers, and loose all thouse
like me that need video capabilities.
How about an interview with Alex Amor on what he would do with the Amiga?
David B.
David
The October issue of Amazing Computing for the Commodore (that will
change shortly) Amiga contains a four page exclusive interview with Alex. He
discusses his plans and his hopes for the Amiga.
This interview was only fair, since we started the CBM Buyout
competition with our David Pleasance Interview in the September issue of AC.
The October issue is mailing today to subscribers and should be in
stores the week of September 26. AC is now on a new schedule due to an extra
two week delay at the printer's due to overbooking (this issue was submitted to
the printer on August 24).
I have been in contact with both CEI and David Pleasance. Although both
groups would like to see this procedure over soon, I recently talked with
Franklyn Willson, the CBM liquidator, who expressed FIRMLY! that he has only
the best interests of the Creditors and that is his only priority.
The challenge is in keeping the Amiga community informed and in working
for a quick release of our beloved platform.
Don Hicks
Managing Editor
Don,
Methinks Franklyn protests too much. He persists and desists and time
flys and "the best interests of the creditors" will become their worst night-
mare.
Clearly, everyone who reads this forum or keeps up with the diminishing
rumors has an understanding of the foolishness of playing out the liquidation
till the last dog dies. It puzzles me that you or someone else who has had
contact with this august (September now) gentleman hasn't been able to make
him understand the practical urgency of making up his mind.
For the nonce, I've bought an Emplant, a HD floppy drive, some misc. chips
and internal floppy drives (in case there will be no more).
I'm probably the only advertising agency owner in the USA who uses the
Amiga and amiga software exclusively. I'm hoping for the best and losing hope.
Help Franklyn to see the light! Tell him the creditors will SUE him when
the whole thing tubes.
Jon Byk
Hi Don – good to "see" you, good to hear you're still getting good articles for
your magazine, and I hope all is well with you.
Regards,
Paul.