Path: utzoo!utgpu!jarvis.csri.toronto.edu!clyde.concordia.ca!uunet!mitel!sce!cognos!alzabo!tris
From: tris@alzabo.uucp (Tris Orendorff)
Newsgroups: comp.sys.ibm.pc
Subject: Re: Is Miniscribe still alive?
Message-ID: <1990Jan4.231359.2109@alzabo.uucp>
Date: 4 Jan 90 23:13:59 GMT
References: <20456@kuhub.cc.ukans.edu> <1989Dec28.223521.14029@ico.isc.com>
Lines: 19

rcd@ico.isc.com (Dick Dunn) writes:

>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.)

	From what I have heard about the "dishonest accounting", they will
be building an annex to their offices with all the extra BRICKS lying around!

-- 
				Sincerely Yours
				Tris Orendorff
				tris@alzabo.uucp
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