SCO's McBride: Rumors of our demise are greatly exaggerated | SCOXQ Message Board Posts

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Msg  45548 of 169438  at  10/1/2007 10:20:39 PM  by

ruidh


 In response to msg 45542 by  
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Re: SCO's McBride: Rumors of our demise are greatly exaggerated

>> "It appears that there are a lot of people who are missing the finer points of bankruptcy law between Chapter 11 [reorganization] and Chapter 7 [liquidation]," McBride said. "We're in the type of bankruptcy that Texaco and Dow Corning and Kmart and United Air Lines and Delta Air Lines and Macy's have been through," where the companies have reorganized their assets and debts and remained in business. <<

Except that those companies have revenue and emerged from bankrupcy stronger companies. SCOX is going to come out the other end which has something of the shape of a meat grinder.


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Msg # Subject Author Recs Date Posted
45552 Re: SCO's McBride: Rumors of our demise are greatly exaggerated hpnpilot 1 10/1/2007 10:42:19 PM


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