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Hope Fading at Atari

Posted by Zonk on from the cue-taps dept.

hisham writes "On the heels of the bad news on SGI's financial health, another former giant of the tech world announces concerns of bankruptcy: 'Bad times got worse at Atari as the company posted a loss and a 35% decline in sales in the important holiday quarter.' The CFO has resigned, and the company released a statement saying 'the uncertainties caused by these conditions raise substantial doubt about [Atari's] ability to continue as a going concern.' An icon of videogame history; if things turn sour, it will be sad to see Atari go (again)."

1 of 79 comments (clear)

  1. And? by Psykechan · · Score: 5, Insightful

    OK, if this Atari goes under, won't some other company just buy them out and call themselves Atari? Should we really mourn the loss of a company that's already gone?