Quantegy closes its doors

[brianroth]

This link was posted on the Ampex mailing list and you will probably need to splice the long URL back together.

http://www.oanow.com/servlet/Satellite? ... !frontpage

Bri

[asylumdigital]

DAMN!
that is so fucked up...at least for now...


peace!
Scott Slagle

[eh91311]

Is it time to panic now? Later?

Or is it that most people are not using tape anymore and don't care?

[b3groover]

Shit. My next record was going to be recorded on 2" 24-track. I guess I better buy the tape now instead of waiting until late February.

[trodden]

I thnk the general tape op board is quite nervous, but it being the internet and all, perhaps we have learned not to freak completely until there is more than one source. Not that i'm doubting completely.. but i've learned from the past.

and end to tape will be fucking sad though in this case.

[wayne kerr]

anybody wanna buy an 800-lb. paperweight? fuck. digital sux.

[Albert]

If that report is true, it's not good. The fact that they laid off their employees that way is a bad sign. Many companies can keep functioning while restructuring under chapter 11. Look at United Airlines, for example. By locking the doors and putting up "no trespassing" signs, it looks like they are out of cash, out of credit, and haven't found anybody to invest in, buy, or even loan money in Quantegy.

I used to work at theater that was shut down this way. One day, the actors arrived at the theater to find the doors padlocked. The place never opened again, and was eventually torn down to make way for.....a parking lot.

It would be nice to think that some far-sighted person would buy the Quantegy manufacturing equipment and maybe continue manufacturing, even if on a smaller scale. Otherwise, that gear could be sold off for scap.

[wayne kerr]

If that report is true, it's not good. The fact that they laid off their employees that way is a bad sign. Many companies can keep functioning while restructuring under chapter 11. Look at United Airlines, for example. By locking the doors and putting up "no trespassing" signs, it looks like they are out of cash, out of credit, and haven't found anybody to invest in, buy, or even loan money in Quantegy.

I used to work at theater that was shut down this way. One day, the actors arrived at the theater to find the doors padlocked. The place never opened again, and was eventually torn down to make way for.....a parking lot.

It would be nice to think that some far-sighted person would buy the Quantegy manufacturing equipment and maybe continue manufacturing, even if on a smaller scale. Otherwise, that gear could be sold off for scap.

I'm gonna get very very drunk right now.

SMH

[snatchman]

What the.. @#$%^&*&#..! Look like I have to go to the HD24 "sooner" than later... .......... :ar15: > to folks that won't invest in Quantegy.!

[Knights Who Say Neve]

Dammit, I just laid out 400 bucks to get my deck repaired! I guess I'm buying a bunch of tape tomorrow...

Joel, how long before your mystery company starts making tape?

[wayne kerr]

Dammit, I just laid out 400 bucks to get my deck repaired! I guess I'm buying a bunch of tape tomorrow...

Joel, how long before your mystery company starts making tape?

I know who the mystery company is and if this is any indication, it will be a L-O-N-G time.

[Dave Nutz]

being that ive never had the opportunity to track a record to 2" 24trk, i am going to that this opportunity to freak out and say:


FUUUUUUUCCCCCKKKKKK!


thank you, goodnight.

[wayne kerr]

Well Doc I think they call it progress. I hate progress.

[Knights Who Say Neve]

Wrote this on another thread FUCKING YESTERDAY:

If this were just a matter of free choice, like airbrushes vs. oil paints or spot lighting vs. floods, the arguement would be pointless. But, there are economic forces at work. The analog format is in danger of disappearing completely. People need to hear analog and start buying tape again before it's too late.

Damm...

[wayne kerr]

We eat when we're not hungry. We buy things we don't need.