eric@egsner.UUCP (Eric Schnoebelen) (04/07/89)
In article <310@feedme.UUCP> doug@feedme.UUCP (Doug Salot) writes: - -In article <96729@sun.Eng.Sun.COM> plocher@sun.COM (John Plocher) writes: -> I tried to obtain the legal rights to Microport's driver source -> before I left, but because of SEC regulations about insider trading -> I would have had to pay "full asset value" for them, and I didn't -> have the ~$250K that it would have taken. :-( - -I might be willing to contribute a few $K and some engineering resources -if someone were to negotiate a Microport buyout and form a limited -partnership. A global support network comprised of Microport users, -anyone? And in article <292@visenix.UUCP> beattie@visenix.UUCP (Brian Beattie) [ following up to the above ] writes: - -I might be able to do likewise. - Well, folks, I have been thinking about doing just such a thing. The only problem is that I have only the barest knowledge about how to do such a thing. The things that I do know are: 1) To get the capital to finance such a purchase ( on the order of a couple million, trying to find out exactly how much right now ), We would also need a well defined pre-existing team, with proven records in a field like this ( e.g. operating systems ) as well a good management team. [ I'm a good programmer, and I love playing with operating systems, but I don't know beans about management.. ] 2) The buy-out could be leveraged/phased in. What that means is that we wouldn't have to put all of the purchase price out up front, we could pay for the company over a period of a two or three years. To do this, it needs to be a friendly purchase, and this may not be possible with a company in Chapter 11 bankruptcy. The problems/questions are: 1) where do we get the "known" names on the technical team? 2) where do we get the capital? ( presumably from ourselves/venture capitalists ) 3) What do we do with once we have it? ( I was thinking of purchasing the name, and all the licenses that Microport has, and moving it to Dallas, since that is where I am currently, but what about the current employees, etc ) 4) How and where do we set up the parent corporation? ( again, I was thinking Texas, but that's because I am here... ) Comments anyone? -- Eric Schnoebelen egsner!eric@texbell.swbt.com ...!texbell!egsner!eric egs@u-word.dallas.tx.us ...!killer!u-word!egs