[net.micro.amiga] News tidbits...

Dave-Platt@LADC (09/17/85)

From: Dave Platt <Dave-Platt%LADC@CISL-SERVICE-MULTICS.ARPA>

According to an article in this week's "Electronic Engineering Times",
Commodore is having a bit of difficulty...

"In the wake of an $80-million loss that it expects to report for its
 fiscal year ending June 30, the company has begun renegotiating some
 $100 million in revolving credit it received in June of 1984.

"At the same time, Commodore officials anxiously are awaiting
 certification of Amiga's compliance with radiation interference
 levels from the Federal Communications Commission (FCC).

            ...

"Furthermore, Commodore has just begun shipping its Model 128, four
 months after its promised April delivery date.

         ...

"Commodore expects to announce its year-end financial results in
 two weeks, and make public its list of dealers which have signed on
 to sell the Amiga.  The dealers were wooed with the promise of a
 40-percent profit margin on the main processor box, whose retail
 price Commodore put at $1,295."

The article is worth reading for further information;  there's a
companion article on Amiga's IBM-PC compatibility feature.