[TriLUG] Fw: MandrakeSoft mulls Chapter 11 style escape, says email

Tanner Lovelace lovelace at wayfarer.org
Wed Jan 15 08:31:42 EST 2003


al johson wrote:
> I don't know if this is old news, and am not sure of the reliability of 
> the source. But thought all the Mandrake fans (of which I am one myself) 
> would be interested in this alleged story which was sent to me by a 
> friend who said he'd also heard something about it on Tech TV. ---Al Johnson
> =================
[...]
> The e-mail goes on to discuss the way the company is working on a 
> two-step method of going the bankruptcy route. Firstly, it wants to put 
> the company on a break-even footing ASAP by merging with a Linux 
> services company.

I would be extremely suspicious of this.  Mandrake has said publicly
that getting into (educational) services was what got them into the
current mess and I find it hard to believe they would head back down
that route.

Cheers,
Tanner




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