Liquid Audio: Better off dead?
mgeneral writes "It seems so for the shareholders.
Liquid Audio, had only $150,000 in revenue but managed to lose $5.6 million last quarter. Its main asset: A pile of cash. In fact, so much cash, that if they close the doors, they could pay back the shareholders more per share than the current stockprice...and thats exactly what some investors want them to do." We've run stories on Liquid Audio before...
It would also be nice if Micro$oft would stop its predatory practices, fatty foods wouldn't make you gain weight and Slashdot would stop repeating stories.
Something about a snowball's chance in hell comes to mind....
- Bill