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[News] Ace2k newsANN.lu
Posted on 23-Oct-2000 12:33 GMT by Teemu I. Yliselä19 comments
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From Greg Thomas, courtesy of Czech Amiga News: "ACE 2000 was a huge success for Amiga and its users. Many people from many platforms attended and heard FOUR big announcements from Amiga CEO, Bill McEwen. The first and the biggest is the new PPC based Amiga One, the new computer from Amiga. It was emphasised that Amiga is a software company, so in future all hardware will be from third parties, not Amiga itself. There will soon be a card to upgrade your existing A1200 and A4000 (A3000 maybe) to Amiga One specifications with access to Apple Mac accelerators! Second, Workbench 3.9 with a new Kickstart 3.9 chip is to be released. The next update of the SDK is tomorrow and the next version in one months time. And last of all was the announcement that Amiga is opening 10% of the company up to investment from Amiga users. This was a huge announcement in itself and added to the jubilation of the crowd. During his speech Bill said he is not the saviour of the Amiga, we are. This was a great day for our Amiga. Many of the Linux users were very excited about this "closed source" news too :-) The speech was so well received that Amiga user, Rick Hammond said to Bill, "Thank you, this has changed my life. I'm back with Amiga again."

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Comment 1Teemu I. Yliselä22-Oct-2000 22:00 GMT
Comment 2Mike22-Oct-2000 22:00 GMT
Comment 3Paul Heams22-Oct-2000 22:00 GMT
Comment 4Anonymous22-Oct-2000 22:00 GMT
Comment 5Anonymous22-Oct-2000 22:00 GMT
Comment 6Mikey C22-Oct-2000 22:00 GMT
Comment 7Carl Mohlin22-Oct-2000 22:00 GMT
Comment 8John Block22-Oct-2000 22:00 GMT
Comment 9Bob C.22-Oct-2000 22:00 GMT
Comment 10Stefan Nilsson22-Oct-2000 22:00 GMT
Comment 11TheJUDGE22-Oct-2000 22:00 GMT
Comment 12nOM^22-Oct-2000 22:00 GMT
Comment 13XDelusion22-Oct-2000 22:00 GMT
Comment 14Don Cox22-Oct-2000 22:00 GMT
Comment 15Mark Bowman23-Oct-2000 22:00 GMT
Comment 16bbuilder23-Oct-2000 22:00 GMT
Comment 17Anonymous23-Oct-2000 22:00 GMT
Comment 18Anonymous23-Oct-2000 22:00 GMT
Ace2k news : Comment 19 of 19ANN.lu
Posted by Nicholai Benalal on 23-Oct-2000 22:00 GMT
In reply to Comment 9 (Bob C.):
If you seriously consider buying stocks in this company then please consider
the following
1) Trying to get the money from biased endusers can easily be interpreted as
a negative signal. They might be doing this because ppl with a better
possibility to evaluate the future prospects of this company are unwilling to
give them any capital
2) Taking a small position in a company that isn't traded on a market is very
risky. How are you going to monitor amiga inc? Don't tell me that this looks like
a brilliant business. It might be but none of use is in a position to make a good
judgement. That will not change even if they give away some financial statements.
Evaluating this kind of company is *hard*, complicated and very risky. And the work
doesn't stop once you've bought the stock. The only information we've had so far is
the executive update...I wouldn't risk my money based on that.
3) Where are you going to find a buyer if you want to sell?
4) Never trust the CEO when it comes to raising money :-)
Friendly,
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