Article View: comp.sys.ibm.pc
Article #40441Re: Is Miniscribe still alive?
From: Dick Dunn
Date: Thu, 28 Dec 1989 22:35
Date: Thu, 28 Dec 1989 22:35
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JLI@kuhub.cc.ukans.edu writes:
> We were going to purchase some Miniscribe hard drives, but since we
> have heard that Miniscribe was in trouble, we haven't send out the
> purchase order yet. Today I talked to a friend in CA, and according
> to him, the Miniscribe is "GONE"...
No, MiniScribe is still there, although certainly having problems.
Most people watching them expect them to file Chapter 11 within the week.
Note that this is *not* a bankruptcy filing, but a "reorganization" which
will allow them to hold off creditors for a bit and figure out how to get
themselves out of a mess that former management apparently got them into.
(Their problems are reported to stem from bad management and dishonest
accounting; they've had consistently good products.)
--
Dick Dunn rcd@ico.isc.com uucp: {ncar,nbires}!ico!rcd (303)449-2870
...Mr. Natural says, "Use the right tool for the job."
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Path: arc1-ca.pugleaf.net!utzoo!utgpu!jarvis.csri.toronto.edu!mailrus!wuarchive!cs.utexas.edu!ico!rcd From: rcd@ico.isc.com (Dick Dunn) Newsgroups: comp.sys.ibm.pc Subject: Re: Is Miniscribe still alive? Summary: yes Message-ID: <1989Dec28.223521.14029@ico.isc.com> Date: 28 Dec 89 22:35:21 GMT References: <20456@kuhub.cc.ukans.edu> Organization: Interactive Systems Corporation, Boulder, CO Lines: 17