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CNET News: Linux Maker Mandrake: We Need Cash

Dec 23, 2002, 14:30 (41 Talkback[s])
(Other stories by Stephen Shankland)

"Linux seller MandrakeSoft issued a plea for cash Friday, encouraging people to buy products, MandrakeClub memberships or company stock.

"The company, based in Paris but drawing much of its revenue from North America, needs $4 million to pay debts and cover expenses in order to attain profitability. It's the second time this year the company has sought help from its customers.

"'A very difficult time has arrived for us: We have a very big short-term cash issue,' co-founder Gael Duval said in a statement..."

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