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Article #23210

Re: A letter to Dave Baggett

#23210
From: Patricia Snyder-Rayl
Date: Sun, 10 Jan 1993 19:44
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Organization: GREX Public Access Unix +1 313 761 3000



In talking about how great the ST is in the MIDI market, the writer also
mentioned there's been a lot of rights-swapping for the MIDI software.
That's precisely because Atari has allowed this market to get into this
horribly bad state.  Large companies with, say, 5 full time employees,
couldn't make enough money in the ST market anymore to pay for those
employees, so they moved on.  The authors of the software then took back
the rights for the ST version, and are now marketing it out of their
garages.

Look at the trends, people.  Companies can't make enough to support
themselves on single products anymore, and they've done two things to
stay alive: Add other products (for example CodeHeads) or branch out into
other markets.  I heard recently that ISD is making a version of Calamus
for Windows.  Charles and John have made no secret about the fact that
CodeHead Software used to bring in more money handling only 1 program than
they do now carrying over 10.  

Atari is not currently producing much product to sell. Their stock is
barely staying above a dollar.

Atari has approximately $50 million cash and 50 million shares of stock.
(From a stockholder's viewpoint, the stock is worth about an eighth of a 
dollar (12.5 cents) per share.  Last time I checked the stock was trading
at 1 and 1/8th.)  Atari has sold off most of its real estate holdings and
other properties.   The Lynx was their largest selling product, and their
largest account for that, Toys R US, has dropped them.

			Pattie Rayl
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From: pegasus@grex.ann-arbor.mi.us (Patricia Snyder-Rayl)
Subject: Re: A letter to Dave Baggett
Message-ID: <C0nLIL.1K5@grex.ann-arbor.mi.us>
Organization: GREX Public Access Unix +1 313 761 3000
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Date: Sun, 10 Jan 1993 19:44:43 GMT
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