ABC News: Sun Rise, Sun Set
Apr 29, 2004, 19:45 (10 Talkback[s])
(Other stories by Michael S. Malone)
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"Call it Corporate Euthanasia.
"And in this fast-moving new world of business, that option
should be a serious one for any board of directors in fulfilling
its responsibility to shareholders. We have grown used to
technologies, products, even markets bursting on the scene like
supernovas--and then just as quickly evaporating.
"Why shouldn't the same be true for companies? Why should they
fade into the perpetual twilight of Chapter 11 or in an eternal,
shriveled corporate coma sucking on the life support of patent
lawsuits and royalties...?"