'PowerComputing "at the end of its rope..."' , 'Power to push Apple limits...' and 'Motorola appears to be involved in Apple/Power saga'
all at: macosrumors.com
Summary of above rumors is as follows:
o Power may have as little as a week of operating capital left before having to either drastically reduce its workforce to a skelton crew or shut down entirely pending a move to reach some kind of agreement with Apple;
o PowerComputing may indeed begin selling the PowerTower Pro G3 275 model on time, using older PowerTower Pro ROMs - making the machine more or less a PowerTower Pro with an upgrade card installed. Whether or not this will allow Power to get around Appl lawsuits on the matter is not clear, but we may find out soon;
o According to two industry sources, the Apple/Power situation is bigger than once thought. Motorola appears to be involved somehow, and may actually become the second large Apple investor with a stock buy of $300 million or more, according to one source. Both sources also said that the general feeling in their corners of the industry is that the Power buyout is going through, although neither was able to give any confirmable statements either way.
Also, rumors are circulating of a possible move by Dell in these matters with the now-freelance Joel Kocher, but nothing reliable has yet been put before us.
All above are pure rumors or speculations from MacRumors source. But, I think Motorola and IBM may be involved in such dispute between Apple and Power. I am not surprised if Motorola becomes the second large Apple stockholder, even Umax may start buying into Apple to ensure its future position.
IMHO
Phil C. Lee |