Path: utzoo!utgpu!water!watmath!watdragon!lotus!jyegiguere
From: jyegiguere@lotus.waterloo.edu (Eric Giguere)
Newsgroups: comp.sys.amiga
Subject: Transactor
Message-ID: <8547@watdragon.waterloo.edu>
Date: 19 Sep 88 18:13:31 GMT
Sender: daemon@watdragon.waterloo.edu
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Lines: 46

There's been much confusion on the net lately over the state
of Transactor Publishing, Inc., the publishers of the Transactor
and the Transactor for the Amiga (TransAmi) magazines.  The following
status report comes directly from a talk I just had with Richard Evers,
publisher and co-founder of the Transactor:

Several months ago the Editor-in-Chief and co-founder Karl Hildon left
the magazine due to personal reasons.  The departure was rather sudden
and left the company in a bit of a bind time-wise, which explains why
the second issue of the TransAmi was a bit later than usual.  However,
Karl was not critical to the company as it had the talents of Richard 
and the two editors:  Nick Sullivan and Chris Zamara.  However, a rumour
was started on Q-Link that the company was about to go belly-up because
the "founder" had left.  Not so, but the rumour did much damage:  the
company's sales went from $58,000 in January to a mere $11,000 in July.
$40,000 monthly is needed for them to survive.  Their printers balked
at extending them credit, and so did the banks.  Anyhow, Chris and Nick
were able to raise $50,000 which will be enough to get them through the
next little while.  Richard will attend AmiExpo in the hopes of drumming
up some business and setting the record straight as to the company's
status.

The Transactor (C64&128 magazine) was printed at the end of August and
should arrive soon to subscribers.  The TransAmi will be out by Oct. 4
(at least, the printer is guarantees to have them done by Oct. 4).  The
magazines will be available throughout North America:  Coles books in
Canada, and Walden (sp?) Books in the States.  Richard says that 30,000
TransAmi's are being printed, with 19,000 earmarked for the States.

It would be sad if Transactor Publishing would be forced into bankruptcy
by rumours.  I've always enjoyed their magazines and I hope they can 
continue.  Let's do our best to support them!

(I should note that I do have a vested interest in the magazine's survival,
since an article of mine was scheduled for the next issue.  And before
everyone jumps on me because that article describes a slightly out-of-date
ANSI Standard, please note that it was written and submitted last December.
Richard says there were so many quality submissions for the TransAmi that
many had to be bumped to later issues.)


--
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Eric Giguere                    268 Phillip St. #CL-46, Waterloo, Ont. N2L 6G9
jyegiguere@lotus.waterloo.edu   (519) 746-0792
GIGUERE@WATCSG.BITNET           "No, that's not how you pronounce it..."