[comp.sys.ibm.pc] Is Miniscribe still alive?

JLI@kuhub.cc.ukans.edu (12/28/89)

We were going to purchase some Miniscribe hard drives, but since we
have heard that Miniscribe was in trouble, we haven't send out the
purchase order yet.  Today I talked to a friend in CA, and according
to him, the Miniscribe is "GONE".  Is there anybody who know what
is going on, or if this rumor is true (it may be true in certain 
degree)?

Our major concern is about the warranty service.  The truth is, the
Leading Edge still owe their dealers a lot of money, and the warranty
service is still very slow and inefficient.

rcd@ico.isc.com (Dick Dunn) (12/29/89)

JLI@kuhub.cc.ukans.edu writes:
> We were going to purchase some Miniscribe hard drives, but since we
> have heard that Miniscribe was in trouble, we haven't send out the
> purchase order yet.  Today I talked to a friend in CA, and according
> to him, the Miniscribe is "GONE"...

No, MiniScribe is still there, although certainly having problems.

Most people watching them expect them to file Chapter 11 within the week.
Note that this is *not* a bankruptcy filing, but a "reorganization" which
will allow them to hold off creditors for a bit and figure out how to get
themselves out of a mess that former management apparently got them into.
(Their problems are reported to stem from bad management and dishonest
accounting; they've had consistently good products.)
-- 
Dick Dunn     rcd@ico.isc.com    uucp: {ncar,nbires}!ico!rcd     (303)449-2870
   ...Mr. Natural says, "Use the right tool for the job."

starry@silver.bacs.indiana.edu (12/29/89)

I called 800 directory assistance and got the number to Miniscribe.
I called the number and got the help I needed.  So Miniscribe is still
(so far) alive and kicking.

Joseph J. Starry                           starry@silver.bacs.indiana.edu

tris@alzabo.uucp (Tris Orendorff) (01/05/90)

rcd@ico.isc.com (Dick Dunn) writes:

>No, MiniScribe is still there, although certainly having problems.

>Most people watching them expect them to file Chapter 11 within the week.
>Note that this is *not* a bankruptcy filing, but a "reorganization" which
>will allow them to hold off creditors for a bit and figure out how to get
>themselves out of a mess that former management apparently got them into.
>(Their problems are reported to stem from bad management and dishonest
>accounting; they've had consistently good products.)

	From what I have heard about the "dishonest accounting", they will
be building an annex to their offices with all the extra BRICKS lying around!

-- 
				Sincerely Yours
				Tris Orendorff
				tris@alzabo.uucp
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