[net.micro] Amiga & bankruptcy

tbul@trsvax (09/16/85)

I hate to lower the boom on the Amiga, but Commodore is in technical
default on its bank loans.  Should this continue, Commodore will declare
bankruptcy.  Would you buy a computer from a company that MAY go
bankrupt?  Think about it.

larryk@tektronix.UUCP (Larry Kohn) (09/19/85)

      Would you buy a computer from a company that MAY go bankrupt ?  


From the Sept. 11, 1985 WALL STREET JOURNAL

According to Mark Manson, an analyst at Donaldson, Lufkin & Jenrette, Inc.,
"The significant risk is the product risk rather than the company's ability
to refinance itself.  If the products don't sell, this financial restructur-
ing will be minor compared to the major problems the company will confront."


So, if people don't buy, the company goes bust.  And the people won't buy,
if they think the company will go bust.  Nice dilemma, isn't it?

lbg@gitpyr.UUCP (Lee B Grey, Programmer Extraordinaire) (09/29/85)

In article <5728@tektronix.UUCP>, larryk@tektronix.UUCP (Larry Kohn) writes:
> 
>       Would you buy a computer from a company that MAY go bankrupt ?  
> 
> So, if people don't buy, the company goes bust.  And the people won't buy,
> if they think the company will go bust.  Nice dilemma, isn't it?

Actually, Commodore is probably going to recover in a big way.
The only problem I see is whether they can produce AMIGAs fast
enough to meet the demand.

A dealer in my area told me that he has over 300 people with
cash deposits down, waiting eagerly for their AMIGAs.  I believe
the maximum order Commodore will accept at this time is 100 units.
He told me that he ordered 100, expecting to get 33.

Anyway, if you see the machine, you will know that it is a winner.
I would have bought one, with no discount, even if Commodore had
already gone belly-up.  It is that superior.

cab@druca.UUCP (BergerCA) (09/30/85)

Sounds like they need a computer industry Lee Iacocca.  Their product is
good, but nobody has any faith in them.

Charlie Berger
Disclaimer, my views, etc.
...!ihnp4!drutx!druca!cab

trudel@topaz.RUTGERS.EDU (Jonathan D.) (10/05/85)

> 
> Sounds like they need a computer industry Lee Iacocca.  Their product is
> good, but nobody has any faith in them.


Well, the only computer industry Lee Iacocca I can think of is Woz.
Hmmm, is there something going on that we don't know about??????
-- 

					   Jonathan D. Trudel
				   arpa: trudel@blue.rutgers.edu.arpa
	 			uucp:{seismo,allegra,ihnp4}!topaz!trudel
				Bill: He's hip, he's hot, and he's hairy.
						           -Rolling Stone

rb@ccivax.UUCP (rex ballard) (10/10/85)

> 
> > 
> > Sounds like they need a computer industry Lee Iacocca.  Their product is
> > good, but nobody has any faith in them.
> 
> 
> Well, the only computer industry Lee Iacocca I can think of is Woz.
> Hmmm, is there something going on that we don't know about??????
> -- 
> 
> 					   Jonathan D. Trudel

Don't forget lil ol' Jack Tramael.  He pulled Commodore out back when
they were going bankrupt in the calculator business.  First chapter
of "Presenting the Atari ST" describes Jack's Ups and Downs.  When
he "bought" Atari, it was already bankrupt.

Actually, Tramael is closer to an industry Henry Ford in Ford Co's early
days.  But in the sense that Iacocca looked at an ailing industry and
came up with the "prescription" of small, compact, affordable (mileage-wise)
cars in spite of a U.S. auto-maker slant toward BIG, Powerful, Gas-Guzzling
cars, the Tramael approach isn't that much different.