Operating Systems > Linux and UNIX

MandrakeSoft Declares Bankruptcy

<< < (2/2)

UODU:
G'day guys,

I have made I think a relevant supporting post under my 'Mandrake Linux 9.0 on my Laptop?' Post


Regards
Braindead

emh:
I wouldn't worry too much about it.  What Mandrakesoft is experiencing is actually a short-term cash flow problem, and they state that their prospects for future profits are actually very good.  At least from what I understand, this isn't a filing for bankruptcy, it's just a way to get an extension on some short-term financial difficulties.

dot.this:
There are different kinds of bankruptcy. The laws are a little different in France, but the principle is the same. This isn't the "sell everything and close the doors" bankruptcy. It's the "restructure our debt so we have some cashflow again" kind of bankruptcy. The same kind that K-Mart is in.

BTW, the bosses always say the future is rosy. It helps prop up the stock price.

choasforages:
dun dun dun, and another one cooks the books, and another one cooks the books.....

Navigation

[0] Message Index

[*] Previous page