62 lines
2.5 KiB
Plaintext
62 lines
2.5 KiB
Plaintext
A little note to all Commodore (Amiga/c64) users. COMMODORE IS NOW DEAD!
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Quoted below is an article from the Melbourne AGE newspaper dated
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15th feb 1994.
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Commodore sell-off is a sad footnote
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(GARETH POWELL [author] reports on the demise of one of the innovators of
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the personal computer industry.)
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THE LATEST chapter in the Commodore saga comes as no great surprise. Last
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week, the company Ferrier Hodgson was appointer administrator of the
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Australian company after Commodore directors considered their position
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and the company's financial problems.
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According to Max Donnellt of Ferrier Hodgson, Commodore was unable to service
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a bank bill due to roll over at the end of this week. The company is to be
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sold.
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Commodore, founded by Mr Jack Trameil in the '50s, was initally invovled
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with typewriters. Operations were financed largely from Canada, mainbly by the chairman
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C. Morgan Powell.
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In 1965, three years after the group's public listing, Mr powell was
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criticised by a Canadian royal commission for acts of "rapacious and
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unprincipled management". He died before the commission finished it's report.
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While Commodore got a clean bill of health from the commission, Mr Trameil
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subsequently found it difficult to get finance. To the rescue came Canadian
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financier Irving Gould, who bought in heavily.
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In the early days, the calculator boom supported Commodore, but in the
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downturn of 1975 the company suffered a loss of $US55 million on sales
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of $US50 million. It switched to computers and profits soared.
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In 1985, Mr Trameil left Commodore amid much bitterness and recrimination.
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Since then, the company's fortunes have been, to say the least, erratic,
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although in the Amiga it had a personal computer that was several years ahead
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of it's time.
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Amiga was not originally designed by Commodore. It came froma California
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company of longhairs who wanted to make the ultimate computer.
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And that was what they did.
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When it was launched, the Amiga had graphics superior to any other
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computer on the market, a super-fast Motorolla 68000 and wondrous sound.
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It was also the first true multi-tasking personal computer. It is a great
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sadness that it has all come to this.
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*****************************************************************************
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Well it seems Commodore has gone down the toilet! READ AND WEEP AMIGA LAMERS!
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A text file written by Mat.
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contact me on a board if you want to talk about a cool personal computer,
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like a PC or something like that.
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