Re: SYS21 - RE: SYS21 - 13 Periods - Pro or Con

[ALlanes@xxxxxxxxxxxxx]

Jeff, it warms the cockles of my heart to hear that you and your colleagues
will not be made redundant by the bankruptcy.

Best of fortune to you personally and to the new business. Have a great
weekend.




                         Jeff_Klipa/Harvard@
                         harvardind.com         To:       
jbausers-l@midrange.com
                         Location of Author:    cc:
                         Sent by:               Subject:  SYS21 -  RE: SYS21 - 
13 Periods - Pro or Con
                         jbausers-l-admin@mi
                         drange.com


                         08/30/2002 09:37 AM
                         Please respond to
                         jbausers-l






I wanted to thank all of you for the insightful responses I've received,
both
public and private.  This is the kind of response that makes this forum so
valuable...  I really appreciate the caliber of the people who contribute
to
this list...

To answer your question about why we would ever want to do this...  Harvard
Industries, Inc. has filed Chapter 7 Bankruptcy papers with the court.
That
means that Harvard will be liquidating it's assets and will cease to exist.
Pieces of it are being sold off and will continue as going concerns under
new
ownership and new names.

So they wanted to make a clean accounting cutoff when the last sale is
final and
they can end their existence with the year end close...  Nice and clean...

I do believe we have found a way to make the powers that be happy without a
13th
period...

That's the short answer...

The computer department and the computer along with the ERP software will
be
retained by the new ownership...  So you won't be rid of me yet...  ;)

Peace.


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