[News] Corel in deep...trouble | ANN.lu |
Posted on 21-Jul-2000 14:06 GMT by Teemu I. Yliselä | 4 comments View flat View list |
Contrary to what their CEO was telling only last week, the Amiga, Inc. partner Corel is in serious financial difficulties. They told the US Security and Exchange Commission that their cash pile will be in the red by half a million dollars by the end of August. This means the company is forced to cut down on its operations and staff in order to survive. Here's a link to The Register's story.
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Corel in deep...trouble : Comment 1 of 4 | ANN.lu |
Posted by XDelusion on 20-Jul-2000 22:00 GMT | From what I hear they run the company recklessly. |
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