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Author Topic: The Downward Spiral of Amiga Incorporated  (Read 41039 times)

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Offline Glaucus

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Re: The Downward Spiral of Amiga Incorporated
« on: September 24, 2003, 05:55:39 PM »
Here's what I don't understand. Amiga Inc has apparently been without offices, without money to pay employees and in severe debt for months and months, yet they still somehow exist. Most companies would have been long gone, yet somehow Amiga Inc lingers. Something doesn't add up here. Personally, I think this article is mostly ####.

  - Mike
YOU ARE NOT IMMUNE
 

Offline Glaucus

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Re: The Downward Spiral of Amiga Incorporated
« Reply #1 on: September 24, 2003, 05:59:24 PM »
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Good article James, well written.
What's so good about it? It's just a collection of all the blue camp trolling that's gone on in the past couple of years. The article could be renamed to: A Summary Of the MorphOS Camp Trolling

  - Mike
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Offline Glaucus

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Re: The Downward Spiral of Amiga Incorporated
« Reply #2 on: September 24, 2003, 06:20:20 PM »
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Companies don't just disappear in a puff of smoke once they go into the red
If a company can't pay it's employees, then pretty soon it won't have employees. If they are in this much debt, I wonder why the investors and creditors haven't pulled the plug on them so far. Obviously there's more to the story. I didn't say the article was full of lies, everything on there might be true, but it's bullsh!t because I feel there's a large part of the truth that's missing from this article - and as such it's a very misleading article.

  - Mike
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Offline Glaucus

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Re: The Downward Spiral of Amiga Incorporated
« Reply #3 on: September 24, 2003, 07:03:47 PM »
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If there's "a large part of the truth" missing as you claim, why don't you enlighten us, together with publically available evidence to back your claim?
I don't pretend to know the truth. The FACT is that if Amiga Inc is 2.2 million in debt, then someone is obviously allowing them to continue burning all this money away. Perhaps the fact that they are 2.2 million in debt is of no concern and this trend might continue. It's also possible that the plug might be pulled tomorrow. The fact is we don't know where Amiga Inc gets this kind of money from and this article doesn't even address this. It just throws out these figures of 2.2 million - which most likely are totally accurate -  but it still leaves many important questions unanswered. It's quite possible that Amiga Inc's investors have deep pockets and are willing to wait for AmigaOS 4 to be released regardless of how deep into dept Amiga Inc sinks. The problem is we just don't know all the details of the inner workings, so why make ####umptions of their future?

If or when Amiga Inc goes bankrupt then that will be news. This article is not news - an editorial at best.

  - Mike
YOU ARE NOT IMMUNE