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From: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz)
Subject: Re: Atari selling Taiwan plant
Message-ID: <1991Jun11.131503.27840@cunixf.cc.columbia.edu>
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Reply-To: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz)
Organization: Columbia University
References: <A336533195@thelake.mn.org>
Date: Tue, 11 Jun 1991 13:15:03 GMT

In article <A336533195@thelake.mn.org> steve@thelake.mn.org (Steve Yelvington) writes:
>The Wall Street Journal reports that Atari Corp. is selling its assembly
>plant in Taiwan for $60 million (and collecting an unspecified profit on
>the transaction) and will shift the work to subcontractors in Taiwan and
>Hong Kong. The article quotes an unnamed Atari spokesman as saying that
>the company lost $2 million in the first quarter because of problems in
>assembling ``a newer product line'' at the Taiwan facility.

Just to play devils advocate for a moment <grin>, do you think they
really sold the plant because of these "assembly problems" or do you
think it was because they needed the cash to buy back some of their
debt?

Cheers,

Chris
--------------+----------------------------------------------------------
Chris Mauritz | Cuba's *superior* human rights record is only part of the
              | answer; it's superior social conditions are another.
--------------|        -Harel Barzilai-
