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Article #401Status of Symbolics
From: David K. Schmidt
Date: Tue, 03 Mar 1998 00:00
Date: Tue, 03 Mar 1998 00:00
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3486 bytes
In January Symbolics laid off the last 3 employees. After 10 years with Symbolics and two unsuccessful attempts to buy the assets, I am off to other, yet to be determined, endeavors. My last year and a half as President, CEO, CFO, Director of Sales and East Coast Customer Service Engineer was without a doubt the most interesting. I want to thank all those loyal Symbolics customers who helped keep the company going well past its perdicted demise. In anticipation of a number of questions that people might have, I am providing the following information. The person or persons who made the successful offer to buy the Symbolics assets are using a Boston law firm, Ropes and Gray (617-951-7000), to handle the purchase. I have heard rumors that Andrew Topping is involved in the deal, but I have no information about him. I do not know what their plans are and do not know whether they will offer hardware and/or software maintenance. The Symbolics phone numbers in Chatsworth, CA are still in operation, but no one is answering the phone and I am not sure whether anyone is checking the messages. Princeton Capital Finance Co. (PrinCap), the current owner of the Symbolics assets, told me they were shutting down their operation on Friday, 2/27. Their phone number (609-275-7100) is supposed to remain in service as a voice mail box. I was told that Steve Gander had been tasked by ABN-AMRO Bank to hold Symbolics together until the purchase is closed. His current E-mail address is gander@dinar.princap.com, but that will change after they turn off the PrinCap computers in a month or so. The only mailing address left for Symbolics is P.O. Box 389, Princeton Junction, NJ 80530 Ron Drake is the representative of ABN-AMRO Bank who is supervising the shutdown of PrinCap. He appears to have significant influence over what happens to the Symbolics assets and is directing Steve Gander on what he is allowed to do for Symbolics maintenance customers. His number is 212-891-0621. This is the only number for the current owners where you will get a live person at the other end of the phone. Before I left, the second release of Open Genera for DEC Alpha workstations was ready to go out for CD duplication. Genera 8.5 for Ivory workstations was close to completion, but had a few bugs left to work out. I do not know what the future of these two products will be. For those people with hardware problems while Symbolics is in a state of limbo, I will be happy to try to assist you in any way I can. If you need help or have other questions, please feel free to contact me by E-mail at dkschmidt@compuserve.com or by phone at 703-455-0430. DAVID K. SCHMIDT
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 10077e,aef144faa3567355,start X-Google-Attributes: gid10077e,public From: "David K. Schmidt" <dkschmidt@compuserve.com> Subject: Status of Symbolics Date: 1998/03/03 Message-ID: <888957020.20827@news.Colorado.EDU> X-Deja-AN: 330520916 Distribution: cu Content-Transfer-Encoding: 8bit Sender: daemon@lace.colorado.edu Content-Type: text/plain; charset=ISO-8859-1 X-Note1: message-id generated by recnews X-Note2: mail msgid was <199803031510_MC2-3565-9BAB@compuserve.com> Organization: University of Colorado at Boulder Mime-Version: 1.0 X-MIME-Autoconverted: from quoted-printable to 8bit by lace.colorado.edu id NAA20811 Content-Disposition: inline Newsgroups: cu.slug