On Wed, 2003-01-15 at 13:14, Carroll Grigsby wrote:
> Here we go again. According to this article at The Register:
> http://212.100.234.54/content/4/28859.html
> Mandrake _may_ be heading into Chapter 11 or its French equivalent. It is also 
> considering other options including a merger, another go with the venture 
> capitalists, whatever. (Chapter 11, for those not conversant in US legalise, 
> is a form of bankruptcy that allows the company to continue operations under 
> court supervison. The other common form of bankruptcy, Chapter 7, is used 
> when they just turn off the lights and lock the doors, and go home.)
> 
> Evidently the appeal for additional capital last month was not entirely 
> successful. That's sad, but not entirely unexpected. According to one post I 
> saw at Newsforge, they're still stuck with some ugly contracts left over from 
> the ill-fated e-learning project.
> 
> Without having looked, I expect that there is already a long Slashdot thread 
> in progress. Duh.
> -- cmg

I seem to recall that I made a statement concerning this about 1.5
months ago - that all might not be so well and good in the "Kingdom" as
it were.

Not to say "I told you so", but well, "I told you so".

-- 
Wed Jan 15 16:35:00 EST 2003
  4:35pm  up 1 day,  8:16,  4 users,  load average: 0.12, 0.13, 0.09
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