mandrake files bankrupcy

David A. Bandel david
Mon May 17 11:43:13 PDT 2004


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On Thu, 16 Jan 2003 09:47:11 +1000
begin  Keith Antoine <kantoine at bigpond.net.au> spewed forth:

> OFB.BIZ: MANDRAKESOFT DECLARES BANKRUPTCY
> 
>  "MandrakeSoft, the developer of the popular Mandrake Linux
>  distribution, declared bankruptcy in France today..."
> 
> COMPLETE STORY:
> http://www.ofb.biz/modules.php?name=News&file=article&sid=192

Don't jump to conclusions, especially bad ones.

They've filed for bankruptcy protection.  I don't know French law (I
believe it's based on Napoleanic Law vice Common Law -- someone correct me
if I'm wrong), but most countries have varying levels of "Bankruptcy". 
Expect Mandrake to be around for a while.  The management team did them no
good, but they have the business to recover from this.

Ciao,

David A. Bandel
- -- 
Focus on the dream, not the competition.
		-- Nemesis Racing Team motto
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