cold water on linux

Joel Hammer joel
Mon May 17 12:01:34 PDT 2004


Recent news about Linspire (from the Wall Street Journal):

"The company's auditors, PricewaterhouseCoopers LLP,
recently expressed "substantial doubt" about Lindows's
ability to continue as a going concern, in view of losses
and negative cash flows. Lindows's accumulated deficit at
the end of 2003 was $11.86 million."

Linspire is looking to go public. Looks like another linux
company is going belly up. Note the pathetically small
amount of debt that is killing this company, assuming that
is not a misprint.

Looks like the Evil Empire has claimed another victim.

First Caldera, then Corel, then Lindows. 

Joel




More information about the Linux-users mailing list