mju@mudos.ann-arbor.mi.us (Marc Unangst) (07/10/89)
I just heard a "rumor" in the Fidonet Hard Disk conference (HDCONF),
saying that Miniscribe is going out of business. Is this true? If
so, when? Why?
--
Marc Unangst
UUCP smart : mju@mudos.ann-arbor.mi.us
UUCP dumb : ...!uunet!sharkey!mudos!mju
UUCP dumb alt.: ...!{ames,rutgers}!mailrus!clip!mudos!mju
Internet : mju@mudos.ann-arbor.mi.usmju@mudos.ann-arbor.mi.us (Marc Unangst) (08/15/89)
A few weeks ago, I posted an article asking whether or not Miniscribe
was going to go belly-up soon. I have received one mailed reply so
far, and it seems to sum it up:
---cut here---
From: mdfreed%ziebmef@mailrus.UUCP (Mark Freedman)
To: mju@mudos.ann-arbor.mi.us
Date: Sun, 16 Jul 89 09:44:22 EDT
There was an item in some of the financial papers a while ago stating that
Miniscribe had overstated profits for several quarters (a combination of
policies which encouraged questionable accounting practices). I don't recall
anything indicating major losses, just profits which were significantly lower
than first stated.
I believe I may have read about problems with a particular model but, in
general, I have the impression that Miniscribe drives have a good reputation.
If the ARE in trouble, I imagine it's a combination of 1) competition
2) rumours that Miniscribe is going out of business.
Thanks for doing your part :-)
---cut here---
As you can see, it appears that Miniscribe is going to stay around for a
while...Sorry for spreading rumors.
--
Marc Unangst
UUCP smart : mju@mudos.ann-arbor.mi.us
UUCP dumb : ...!uunet!sharkey!mudos!mju
UUCP dumb alt.: ...!{ames,rutgers}!mailrus!clip!mudos!mju
Internet : mju@mudos.ann-arbor.mi.uslane@cs.dal.ca (John Wright/Dr. Pat Lane) (09/01/89)
In article <558.24C400A2@mudos.ann-arbor.mi.us> mju@mudos.ann-arbor.mi.us (Marc Unangst) writes: [in response to a post about a rumour that Miniscribe's was going out of business, the only reply indicated that there had been reports in finacial papers about financial problems but no major losses or threat of bankruptcy.] >...it appears that Miniscribe is going to stay around for a while... >Sorry for spreading rumors. Well, *I* heard a rumour that Miniscribe was being bought out by Seagate. Just a rumour!!! -- John Wright ////////////////// Phone: 902-424-3805 or 902-424-6527 Post: c/o Dr Pat Lane, Biology Dept, Dalhousie U, Halifax N.S., CANADA B3H-4H8 Cdn/Eannet:lane@cs.dal.cdn Uucp:lane@dalcs.uucp or {uunet watmath}!dalcs!lane Arpa:lane%dalcs.uucp@uunet.uu.net Internet:lane@cs.dal.ca
mrichey@orion.cf.uci.edu (Mike Richey) (09/02/89)
In article <1989Sep1.054744.9407@cs.dal.ca> lane@cs.dal.ca.UUCP (John Wright/Dr. Pat Lane) writes: >Well, *I* heard a rumour that Miniscribe was being bought out by Seagate. >Just a rumour!!! Seagate is negotiating with CDC/Imprimis to purchase CDC's line of winchester drives... no rumor, fact. The agreement has been signed and calls for cash and stock in Seagate for CDC. And I always liked CDC drives........ Michael S. Richey mrichey@orion.cf.uci.edu BITNET: mrichey@UCI Voice: (714) 856-8374 University of California, Irvine Network and Telecommunications Services 342 Computer Science Irvine, CA 92717