mandrake begs for cash

zscoundrel zscoundrel at kc.rr.com
Tue Dec 24 01:08:09 CST 2002


You COULD buy some warrants.  At $2.15 per warrant, 100 warrants is only 
$215.  Then when they DO announce they are operating profitably the 
underlying stock price will just several dollars a share.

I wouldn't invest the rent money, but if you had a couple hundred set 
aside for - let's say a playstation or something - it could possibly 
give you a tasty little return on your dollars.  Not to mention saving 
the company that puts together the Linux distro that you love.

J. Eric Gilliland wrote:

> Yeah, I'm a little worried about this.  Looks like I might
> have to switch distros if they go under.  Hm...red hat,
> maybe?
> 
> I wish everyone a Happy Holidays,
> 
> Eric Gilliland
> 
> 
>>>http://www.extremetech.com/article2/0,3973,796556,00.asp
>>>
> 
>>>"In a desperate bid for operating capital, Linux
>>>developer MandrakeSoft has set up a web page where the
>>>company has begun begging for additional funds.
>>>
>>>The page urges customers and fans of the software to
>>>invest in warrants to buy the company's stock, up to a
>>>total of $4 million, of which $2 million is needed very
>>>soon. The company said it originally expecte that amount
>>>in outside funding, but that an investor delayed the
>>>payment for unknown reasons."
>>>
> 
> 
> =====
> J. Eric Gilliland
> patzeric at yahoo.com
> 
> The archaeologist has a unique chance to determine empirically how preliterate cultures came to 
be as they were.  His use of technical procedures in reaching an ever more finely drawn 
chronological scale needs no apology; these are prerequisite to his determination of culture change 
through time, a subject in which he should be able to work with unique authority. 
> -- G. W. Brainerd 1951
> 
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