cold water on linux
Net Llama!
netllama
Mon May 17 12:01:35 PDT 2004
On Thu, 22 Apr 2004, Joel Hammer wrote:
> 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 $11.86 million."
>
> Linspire is looking to go public. Looks like another linux
> company is going belly up. Note the pathetically small
> amount of debt that is killing this company, assuming that
> is not a misprint.
>
> Looks like the Evil Empire has claimed another victim.
>
> First Caldera, then Corel, then Lindows.
I see no similarities between the 3. Caldera is committing suicide with
the financial backing of M$.
Corel never cared about Linux, and just used it as a potential cash source
when Linux was a marketing plan.
Now Lindows has just been stupid. They're taking on MS with a product
that is mediocre at best, and using Walmart as their primary retail outlet.
No company can sell products at Walmart and expect to make any profit
unless they are moving enormous volume.
--
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Lonni J Friedman netllama at linux-sxs.org
Linux Step-by-step & TyGeMo http://netllama.ipfox.com
More information about the Linux-users
mailing list