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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...

5 of 172 comments (clear)

  1. First post? by Anonymous Coward · · Score: -1, Offtopic

    Finally!

  2. Not First Post by Anonymous Coward · · Score: -1, Offtopic

    I had my dick stuck in the exuast pipe of Johnkatz's car.

  3. Before you wail on the patent office too much.... by Anonymous Coward · · Score: -1, Offtopic

    Their problems aren't entirely their own fault. Read all about it here

    Basically, it seems that congress has been using the patent office as a source of income, draining off millions of dollars that would be spend reviewing applications- seems like a good 15-20% of the fees that companies pay aren't used for reviewing applications at all.

    I'm not completely relieving the PO of blame, but it's something to think about anyway.

  4. Re:They still exist? by Hee+Hee+Hee · · Score: 0, Offtopic
    I agree!


    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
  5. Die looser !!!! by Anonymous Coward · · Score: -1, Offtopic

    Die bitch !! Die !!!