WE WOULD DiE FOR COMMODoRE · : __ _/\¦/\_ __ __/\__ _ _ __ _/(_) | (_)\_ __ _ _ __/\__ \ / ( /_/\\_ | _//\_\ ) \ / /_ _\ \_\/_/ @ | @ \_\/_/ /_ _\ \/ \__ _|_ __/ \/ _ ___ _____/\_ ___/\__/\__).(__/\__/\___ _/\_____ ___ _ \\\__\\_____ (_) __ ___ (_¦_) ___ __ (_) _____//__/// _ \___ / \/| _ _ _ _ _ |\/ \ ___/ /(___ _/\_____ / /_ _ _| | | | | | |_ _ _\ \ _____/\_ ___)\ / (_) \_ \/ \\_ |_|_|_|_| _// \/ _/ (_) \ / _/ _ _ _| | | | | | |_ _ _ \_ \ \ ( (_)\_ | | | | | _/(_) ) / /\ \ WE WiLL NEVER _/ ¯ ¯ ¯ ¯ ¯ \_ WE WiLL NEVER / /\ \/ / SURRENDER _ __/\\__ _\ /_ __//\__ _ COMPROMISE! \ \/ / \\\__/ \/ \_/ \/ \__/// \ \ ¯ __/\ /\__ ¯ / \ __________________\__/ \__/__________________ / \( __/\ /\__ )/ ¯ \__/ ___ \__/ __/\\_//\__ ONLiNE UNTIL BUST \__/ _ \__/ ONLiNE BiS ZUM KNAST __/ \__ \_____/ ACID SLAM - HIDDIN FOR YEARS, STILL NOT FOUND! - This file was downloaded from: - _______ __ __ _______ ___________ ______ ______ /__ __// /_/ // _____/ / _____/\__ \ / ____// ____/ / / / __ // ___/ / ___/ / \/ // /\ // ___/ /_/ /_/ /_/ \__/ \__/ /____/ \_\/_/ \__/ -*- The Silents World Head-Quarters -*- * 4 Nodes - All Ringdown - All DHST's * * Running GVP's Combo '040 at 33 Mhz! * * Multi-Node Chat * * OnLine Since 1985 * No Freeloaders here!, if you want to read this file, then DOWN-LOAD it !! ············································································· @BEGIN_FILE_ID.DIZ _____ _________________________ ______ \__ | \__ ____ _______ ____ \\____ \ / l___/ _>_/ l_ \/ _>_/ T \/ | \ / ! \ !~ \ l \ !~ \ | \ ! \ / ____/_____/______/_____/__l___/___ \ \____j-----------presents----------sctl____/ Knight-Ridder report on the C= situation 26 Sep 94. @END_FILE_ID.DIZ Here is a message that might be of interest to some members. Please direct any replies to the author in the message header or to ALL. ***** START OF CROSSPOSTED MESSAGE From: MIKE BRANTLEY Date: 09-23-94 11:36 To: ALL Msg#: 51650 Subj.: Knight-Ridder Report 1 Area: F-AMIGA |60 MSGID: 1:3625/470.0 8725298B PID: WILDMAIL!/WC v4.00 93-0963 Here's the latest Knight-Ridder report on the Commodore situation: Commodore bidder so confident it's advertising for new engineers, managers By Dan Stets Knight-Ridder Newspapers After weeks of delay, the fight for Commodore International Ltd. finally may be entering the last round. One of two contenders is feeling so confident that it is advertising Thursday morning for engineers, managers and accountants to restart the computer company's operations in the West Chester, Pa., area. The two main adversaries -- one American, the other British -- are to meet separately in New York over the next few days with one of the liquidators appointed by the Bahamian Supreme Court to dispose of the assets of the once-mighty, small-computer maker. The liquidator, Franklyn Wilson, will be reviewing the final buyout proposals from Creative Equipment International of Miami and a management team from Commodore's subsidiary in the United Kingdom. The contest pits Commodore's largest distributor in North America, CEI, against the managers of one of Commodore's most successful subsidiaries. Commodore filed for bankruptcy in the Bahamas in early May and the court there appointed two accountants as liquidators, the Bahamian equivalent of a bankruptcy trustee under U.S. law. The company was incorporated in Bahamas but had its North American headquarters in West Chester. Wilson, the lead liquidator, had hoped to sell Commodore's assets and technology by the end of August, but it now looks like a final decision will not come until next month. ``We think that it could happen within the next three weeks,'' said CEI president Alex Amor, who today (Thursday) starts advertising for employees in the West Chester area. ``We'd like to have resumes on hand and we'd like a good pool of talent,'' said Amor. CEI would like to hire back as many of Commodore's former computer engineers as possible, he noted. If CEI's proposal is successful, Amor said he will be hiring about 90 people, including about 70 engineers, over the next nine months. He also has begun looking for a new engineering and research center in West Chester or Norristown, Pa. An employment ad appears in Thursday's editions of The Inquirer. ``Commodore Experience Helpful,'' the ad emphasizes. ``That should give you some idea where we think we are with the trustees,'' said Amor. The CEI proposal is ``the best offer on the table,'' he added. CEI would like to have an engineering and research staff of 90 people, Amor said. At its peak, Commodore had 78 engineers, he said. While the employment ads indicate CEI is bristling with confidence, the United Kingdom team is not fazed. ``I would hope they would pass the resumes on to us when we win the bid,'' said Colin Proudfoot, a managing director of Commodore U.K. and a leader of the buyout effort. Both buyout teams say they are committed to developing and expanding the technology of Commodore's Amiga computer, which among other things can be used as a low-cost videotape editor. Both teams said they have scheduled meetings at the Manhattan offices of Fulbright and Jaworski, the liquidators' counsel, the British on Friday and the Americans on Monday. Wilson has been in the Philippines this week trying to resolve what has become one of the stickiest issues in the liquidation. Commodore had its manufacturing operations there and still has an inventory of components there. Both bidders had hoped to acquire the inventory, which includes computer processors. For reasons which he has not yet explained publicly, Wilson has been having trouble including those assets in the final package for purchase. Neither the U.K. team nor CEI intend to resume manufacturing in the Philippines. The U.K. team handed its final proposal to the liquidator last week. It was supposed to be valid for only 10 days, but Proudfoot Wednesday dismissed the notion of any expiration date. ``The fact of the matter is that we are in correspondence with the liquidator and it is a fluid situation,'' he said. ``Does it mean we are going to withdraw if the 10 days expires? No, it doesn't because we want the business,'' he said. * Q-Blue 1.0 [NR] * --- WILDMAIL!/WC v4.00 * Origin: Di's Online Cafe - Mobile, AL (205) 661-8945 (1:3625/470.0) SEEN-BY: 396/1 3615/50 51 3625/470 PATH: 3625/470 3615/50 ***** END OF CROSSPOSTED MESSAGE Regards Charles PGP ID: Charles Figueiredo Public key available upon request . .......and don't forget to call....... . . * ___ . . . . * . . . . / /\ *_________ _______ _______ . ______ / / / /\ \ . \ \ . /\ \ ./\ \ . o . /__/ /_ . / \ \ . \ \ / \ \/ \ \ /__/\ \/\__ / \________\ / \______\. / \______\ \_____\ _\__\ \ / /\./ / _______// \_ __ \/ / ___ / / ____/ . /__/\/ \ \/ // / / \ .__/ / / \ \ / / \/_/ / /__\ . / /\ /\ \ // / /___\. \ \ / /\ \ \ / /\____\ / ____/ / / /\ \ \ \// / _____/___\ \ / / \ / / / /\/__ / / / \ * /__/ \ \ \_\/ \ / / \ \/ /____\/ / / /___\/ /\/ /_____\ \__\/\ \ \ \ \ / / \__________/\/________/ \_______/ . \ \ \_\/ . \/ \_____________________________________________\ . \ \ \ \ / * \__\/ . \ -*- The Silents World Head-Quarters -*- / . . \____________________________________________/ . . . . . . . . . .* SysOp: PLANET MASTER * . . . . . * All Nodes Ringdown - All DHST's! * . . * Running GVP's Combo '040/2000 33Mhz! * . . . . * Multi-Node Chat * . . . * . * OnLine Since 1985 * * . . . . . . . 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