🚀 go-pugleaf

    Date: Wed, 3 Feb 88 11:54:41 EST
    From: Luis Francisco Ortiz <ortiz-luis@YALE.ARPA>


    I got in touch with a friend of mine who worked for Celerity.


    The offices in DC, NJ, Detroit, and Houston were all closed.  On
    last Thursday a memo came down from corprate headquarters saying that
    an unspecified number of people would be laid off.  On Friday, it was
    announced that all field offices would be shut down.  Furthermore, at
    San Diego, much of the staff was pared down to base essentials (core
    software and hardware engineers).

    Around 50 people were involved.

    They appearantly just ran out of money, and in order to try to
    complete their new product, pared down operations so that they could
    operate for a few months on the money they had remaining.

This from a Celerity sales rep in the San Diego office: they have been
having trouble getting parts for the new machine from their supplier.
(As it was told to me, the problems were all on the supplier's end, but
use your own judgement.  Nothing perjorative was said about the
supplier.)  As a result, the expected ship date of the 6000 has slipped
from January to October.  The sales rep said that they were basically
trying to sit on the 1260 line, and ride out the storm until the 6000
comes out.

    It could be very serious if they don't.

    -----------------------------------------------------------------------------
    Luis F. Ortiz 		Arpa:   ortiz-luis@cs.yale.edu , ortiz@think.com
+-> Programmer at Large		Uucp:   {harvard,decvax,linus,seismo}!yale!ortiz
|				Bitnet: ortiz@yalecs.bitnet, ortheca@yalevmx.bitnet
|
+--- Don't believe this folks, he's quite thin.

David H. Kaufman
Qux@Goldilocks.MIT.EDU