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Re: [ARSCLIST] Quantegy has closed ???



At 06:33 PM 1/4/2005 -0500, Aaron Luis Levinson wrote:
Actually the slitting procedure itself precludes that a cottage
industry could take over this niche!
It is an industrial process and requires huge machinery to accomplish
correctly. Maybe someone
will buy the Quantegy factory and sell off the other aspects of their
company who do not need the slitting
contraption. Anyway, since this morning there has been a huge run on
people snapping up half inch tape as this is still the preferred mix
down format even for people using digital as their multi-track!
It appears that Quantegy's warehouse is open, shipping product. They are
reorganizing, and apparently have NOT filed for court bankruptcy or
reorganization protection.

Also, it appears that at least one vendor in the U.S. is looking to make
1/2, 1, and 2-inch mastering tape independent of Quantegy. Who knows if
this will come to pass.

Cheers,

Richard


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