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  • Subject: Re: Midrange Computing
  • From: Chuck Lewis <clewis@xxxxxxxxxx>
  • Date: Wed, 01 Aug 2001 12:06:05 -0500

From what I've heard, it wasn't a matter of NOT making money (they were) it was 
a
matter of not making ENOUGH money... They way this was handled stunk and was 
very
unprofessional both to those who worked there and to those of us who were
subscribers, conference attendee's and merchandise buyers !

Chuck

saustad@deltadentalwi.com wrote:

> I know there have been quite a few posts discussing this subject, but I was
> curious about the exact reason(s) why the parent company closed the doors
> on MC.  I know some people alluded to it, but I haven't seen any specifics.
>
> Does anyone know what part ot the balance sheet or income statement was a
> problem?  Was it just the advertising revenue?  Which part of the operation
> was not producing revenue (magazine, books, videos, conferences, web site,
> etc.)?  Had MC been seeing red ink for some time?  Why didn't IIR attempt
> to sell MC before liquidating it?
>
> Thanks for any insight.
>
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