SICK TRANSIT . . .
Probably most of you have received notice of the bankruptcy of QUANTUM COMPUTING. Apparently, the notices were sent to everyone on the company’s customer list. I doubt that there is much hope of collecting anything from the company, as the notice listed unsecured debts as over $60,000, with total assets of $0.01 (that’s one cent). I don’t know just how one can measure assets that small, but suspect that there is a bit of a rounding error involved.
However, for anyone who wants the information, the appropriate names and addresses are:
Frank Tomei, jr.
[address omitted]
Mt. Arlington, NJ
Interim Trustee: Jonathan Kohn
1180 Raymond Blvd.
Newark, NJ 07102-4107
Attorney for the Debtor: Robert G. Lavitt
Wiley, Malehorn & Sirota
250 Madison Ave, Drawer 210C
Morristown, NJ 07960
The recent issue of Radio-Electronics magazine announces a lithium battery of AA size, manufactured by Eveready. The battery is described as having “unmatched energy density”. It is said to last up to double the length of alkaline batteries “in many applications”, and to have a shelf life of “10 years or more”.
The batteries are expected to be on the market in early 1989. Z88 users, rejoice!
Jocelyn is a member of a Home Economics club sponsored by the County Agent of the U. S. Department of Agriculture (USDA). The latest bulletin fromthe USDA’s local office warns about the danger that your home-owner’s insurance policy may not cover your computer.
It seems that many policies do not cover losses to equipment that is used in business. And some insurance companies are almost as exacting the Olympics committee in their definition of amateur status–you lose your “non-business” standing as soon as you earn ANY money, however little, with your computer.
And then there is the question of what risks are covered. Maybe you’re ok as far as fire and theft go, but what if your damage results from voltage surges, or immersion in pea soup, or a fall from the desk onto that nice new slate floor? And does your policy cover only the present value of your computer (which may be pretty low), or its replacement value (which may be considerable)?
The difference in cost between skimpy and adequate coverage may be ridiculously low. Only your insurance agent knows for sure, as the old hair-color ad used to go. Ask him.