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Article View: comp.sys.amiga.applications
Article #13636

Re: ESCOM TO SELL AT!

#13636
From: David Meyer
Date: Sat, 13 Apr 1996 03:40
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Adam Szymczak (szymcza@uwindsor.ca) wrote:
: >
: >The letter states that Chicago-based VIScorp would acquire Amiga
: >Technologies, including the intellectual properties of the former Commodore
: >Business Machines, excepted Commodore trademarks. The transaction value is
: >approximately US $40 million. Terms were not disclosed, and the pending
: >acquisition would be subject to approval by both companies' boards of
: >directors.
: 
: This is a joke right? $40 million for AT including intellectual properties 
: (except the Commodore trademark). Gee, didn't ESCOM get the whole shebang 
: for $10 million US? Nice return on thier initial investment.

Escom bought little more than an opportunity. There was nothing there but 
"intellectual property". They put in some money and now there is obvious 
potential for something good to happen. Their return on "initial 
investment" is a lot better than their return on "total investment", but 
I'm sure they will profit from the exercize. Which is neither illegal nor 
immoral nor unethical.

: Anyways, I didn't see any mention of the North American market, unless 
: Amigans are expected to buy set-top Electronic Devices to run our 
: applications ;) If it means lower prices because of higher volume, I'm 
: for it.

Using Amiga tech to build millions of set-top boxes will spread out the 
development cost to those extra machines and reduce the portion that 
needs be charged to each Amiga sold. This is good. Mention -has- been 
made of the NA market, and off continuing both the marketing of current 
machines and the development of new ones. Right now, it's all talk. We'll 
have a better idea of what's behind the talk in a year - or less.

Sweating bullets until then ...
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Path: arc1-ca.pugleaf.net!news.tiac.net!not-for-mail
From: dmeyer@tiac.net (David Meyer)
Newsgroups: comp.sys.amiga.applications
Subject: Re: ESCOM TO SELL AT!
Date: 13 Apr 1996 03:40:26 GMT
Organization: The Internet Access Company
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