No subject

Regards

Garry



On Tue, 15 Apr 2003 10:19:11 +0800
Richard Meyer <meyerri at au1.ibm.com> wrote:

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> ----- Forwarded by Richard Meyer/Australia/Contr/IBM on 15/04/2003 10:15 AM
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>                       Mike Holland                                                                                                  
>                       <myk at plug.linux.o        To:       plug at plug.linux.org.au                                                     
>                       rg.au>                   cc:                                                                                  
>                                                Subject:  Re: [plug] Mandrake Bankrupt?                                              
>                       15/04/2003 10:08                                                                                              
>                       AM                                                                                                            
>                       Please respond to                                                                                             
>                       plug                                                                                                          
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> On Tue, 15 Apr 2003, Daniel Pearson wrote:
> 
> >> Morning,
> >> I remember hearing news that Mandrake was going, or had gone bankrupt..
> is
> >> that still relevant? The reason I ask this, is because i'm looking at
> 
> >Google is good.
> >http://news.google.com/news?hl=en&q=mandrake+bankruptcy&btnG=Search+News
> 
> >yes they are broke / in protection / restructuring / insolvent.
> >But that doesnt mean the name or product is going.
> >the product is profitable, but not enough so to cover their stupidly
> >(greedily?) aquired debts.
> 
> Problem appears to be that during the .com boom, they got a whole lot of
> "clever" people on board who set them on an acquisition trail. With the
> bust they were left with huge debts nad needless to say the "clever" people
> all disappeared. They appear to be making more than they're spending, but
> whether that can service their debts ....
> 
> Having said that - I really like Mdk - and use it.
> 
> RichardM
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