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MandrakeSoft Exits Bankruptcy
joestar writes "It's official now: the Court has approved Mandrakesoft's exit plan from the Chapter 11-like protection status. This seems to be the result of the recently announced profitability of the company, and means that Mandrakesoft is now fully back to normal activities. Great news for the Open Source community and Mandrake Linux users! All details are available in an online PR."
An "open sauce comapany" is news to me
I'm waiting to hear that SCO has entered bankruptcy.
Mandrakesoft just hired old accountants from Arthur Andersen.
"I would say that 99 per cent of what my father has written about his own life is false." - L. Ron Hubbard Jr.
An "open sauce comapany" is news to me
Here you go.
Homer Simpson: MMMmmm...open sauce company.
Hey, we all need to stick together, right? Giving back to the community...
The Community...The Community...The Community...
One of us...One of us...One of us...
Play the game, Wesley.
I haven't put any money into Mandrake though. I'm feeling guilty. I've used and abused it extensively. I'll buy a t-shirt and join the club for awhile.
Now the true test is when the Farmer competes against the wild dogs. Farmer usually wins in the end, because the farmers all band together, track the pack of wild dogs, and remove them from the equation.
Does this give anyone else the mental image of Linus and RMS hunting Darl & Co. through the woods with automatic weaponry?
--Obyron
Actually, that image did come to mind when I wrote that... although I am not sure if the image of Linus in over-alls, sitting on a hay bale in the back of a 65 Ford 4x4, with a shotgun in one hand, and a 6-pack in the other screamin' "Yee Haw!" is funny, or scary... ;-)
"Our funds have never taken part in toxic or death spiral convertible financings of any sort" -BayStar's managing partne
*In walks an 8' tall Emperor penguin, with genitals so massive he's carrying 'em over his shoulder.* //wake up!
Let me see : Mandrake are putting out a software package that contains more software then Microsoft's entire product portfolio, they're doing it at a much, much lower price then Microsoft, *and* they're making a profit doing so...
MS couldn't produce Notepad for the cost Mandrake has producing MDK-linux, can you say "commoditisation"? Then you might realise why Microsoft is running shit-scared of Linux...
Open Source is, for Mandrake, truly a profitable industry, because they are making a (small, but real) profit, the big profits in this case go to the purchasers of Linux, who don't have to shell out oodles of cash again and again for what is, in essence, a non-core expense for anybody not directly in the software-business. The profits aren't gone, they're just elsewhere...
OMG, that is priceless!! If I were the CEO of Enron or Worldcom, I would definitely use that one.
"Sir, in your tenure, you drove a profitable company right into bankruptcy..."
"The profits aren't gone, they're just elsewhere."
-a