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Liquid Audio: Better off dead?

Posted by chrisd on from the well-yeah dept.

mgeneral writes "It seems so for the shareholders. Liquid Audio, had only $150,000 in revenue but managed to lose $5.6 million last quarter. Its main asset: A pile of cash. In fact, so much cash, that if they close the doors, they could pay back the shareholders more per share than the current stockprice...and thats exactly what some investors want them to do." We've run stories on Liquid Audio before...

1 of 172 comments (clear)

  1. They had revenue?! by eddy · · Score: 5, Funny

    They had $150,000 in revenue?! That's insane. What did they do, rent out part of the office?

    --
    Belief is the currency of delusion.