CompuServe Thread

#Commodore Liquidation

13 messages in this thread
#43670From: joseph f. mancusoSep 26, 1994 11:32 PM
Commodore U.K. met with the Bahamian Court Friday Sept. 23 in NY and CDI co. met Mon. Sept. 26 for final negotiations for the buy out of Commodore Int. and all it's assets. There is still no answer as of this time who has acquired the company and assets. We should be hearing the final decision in 2 weeks. Commodore U.K. and CDI co. are the 2 highest bidders and it seems one of these two are most likely to be the winner. I will update this letter as soon as I find anything out. If you wish to keep track for yourself you can call the following number. 1(603)924-2195
#43672From: Mark D. ManesSep 27, 1994 8:57 AM
I believe you mean CEI. 🙂 -mark= Otto Pilot Engaged..
#43675From: Wayne SteeleSep 27, 1994 3:37 PM
That's CEI, not CDI. 🙂 As for the two weeks thing, we've been hearing that since July… 🙁
#43677From: Frank VanellaSep 27, 1994 6:10 PM
Joseph, I heard a rumor that Commodore UK and CEI have had their bids comingled for a joint arrangement, with UK getting the 1200/CD32 AAA development rights and CEI getting U.S. A4000 production. Another rumor indicated that Amsung will be purchasing license rights for certain specific technology that wouldn't directly compete with U.K.'s product lines. Frank
#43688From: Eduard JosephSep 28, 1994 1:57 PM
Hey, I though CBM UK did not want to continue the AAA project? And these rumors are getting wilder by the hour. Amsung, or Samsung? Eduard
#43691From: Frank VanellaSep 28, 1994 8:05 PM
Eduard, It was Samsung. I had a typo in my last post. I agree that the rumors are getting a little out of hand, but in the face of no real information being released from the principles involved, it beats the heck out of lighting a match to our Amigas and warming our feet in the flames. Incedently, I fail to see any logical reason why U.K. wouldn't want the AAA technology. From what had been previously disclosed, the development was complete on the hardware end of things. The new software was just about done when everything folded. If that info is correct, it would seem to be quite foolish to throw away a technological advance that would meake the platform more desireable. Frank
#43693From: Karl F. KugelSep 28, 1994 11:08 PM
The reason, according to Pleasance, is that they would need 18 months to revise the operating system to support AAA and he apparently doesn't want to wait that long. He's hot on his silly RISC-based NT box. This is because he's a dope. :-/ -Karl
#43694From: EducomSep 29, 1994 4:29 AM
That would be the wisest thing they could imagine! I'm crossing my fingers you're right! Fred. Frederic Botton from Paris, France fbotton@cix.compulink.co.uk
#43685From: EducomSep 28, 1994 3:23 AM
CDI? Funny one 🙂 I guess you meant CEI… Fred. Frederic Botton from Paris, France fbotton@cix.compulink.co.uk
#43703From: Timothy YatesSep 29, 1994 1:23 PM
Now, I don`t know whether this is true but I heard, due to CBM`s extended bid time, it would not be able to open its production lines in time for Xmas, so its bye-bye CBM from my point of view. How can they continue with no revenue? Tim
#43733From: David BrumfieldOct 2, 1994 7:49 PM
<Now, I don`t know whether this is true but I heard, due to CBM`s extended bid time, it would not be able to open its production lines in time for Xmas, so its bye-bye CBM from my point of view. How can they continue with no revenue?> No expenditures, no need for revenue. The loss of this christmas wouldn't hurt the company that buys the amiga for sales as high end systems. Only CD32 would be dead and it is already. The chain stores have already put thier orders in for all the vidgame machines they want. David.
#43739From: Eduard JosephOct 3, 1994 3:27 PM
How about the dealers and 3rd party vendors that NEED X-mas sales? Oh, yeah them? Eduard VIS
#43752From: Gary Vander MeiOct 3, 1994 9:46 PM
No Christmas sales would only hurt CD32 sales if any. People who need A4000's will buy them as soon as they are available. If they wanted quick revenue they would make some parts like Ramsey and DMAC chips. If 4000's came out at reasonable prices, I would buy two…. // Gary Vander Mei on Auto-Pilot \X/