On Thu, 2003-01-16 at 03:58, Adam Williamson wrote: > > It means that they have some breathing room and clearance from their > > debtors so that they can continue business as almost normal. It also > > means that we need to buckle down and try to make this company some > > money any way we can. > > I really don't understand this position.
Then I'll clarify it with a post I contributed to the expert list. On Thu, 2003-01-16 at 07:49, Wolfgang Bornath wrote: > I also regard Miark's response a fine wrap-up of the whole thing. > To you US-Americans and French people such a "bankrupt but still in > business" is common ground and well understood as a positive step > towards a healthy business. > > The difficulty is to tell it to folks like mine (Germans) who don't > have that kind of "Chapter 11". Well in a sense we have it too but the > normal way is: "You can't pay your bills and you don't get investors > to do that for you? You can't find a larger company to buy you out? > You're out." The business will be closed and everything will be sold > to satisfy the creditors. You can start with a new business. Ouch. A very unforgiving system.... The reasons that bankruptcy protection are done over here are probably manyfold. But one that comes to mind right away is that if you disassociate the organization, you also are dissolving the people infrastructure, which is the REAL TRUE valuable thing about the company. For instance, Mandrake now has a system of programmers and systems personnel that work well together, and know each other's habits; a unique plethora of interactive habits that all come together to help produce the result we know as the Mandrake distro. In a forgiving system that allows for mistakes, such a positive system can weather bad times with it's unique virtues intact, allowing those positive virtues of the people infrastructure to grow stronger, and the company to evolve. Companies are not static entities, they are dynamic and continually evolving. A Chapter 11 style protection allows the evolution to continue, instead of truncating it and then having to rebuild a people infrastructure that has a completely different (and perhaps inferior) set of characteristics about it. In my view, people systems are individuals; unique in the same way that individuals themselves are unique. That's why I've always considered it very important that I be a part of the Mandrake club; that is my way of protecting that individuality that is the people infrastructure of Mandrakesoft. This list here is a people system; so is the newbie; so is the cooker. And further, these people systems are all part of the larger Mandrakesoft system. The characteristics of these lists (I believe) reflect on Mandrake system at large; showing those characteristics that are prevalent in the French company. The fact that we are all here shows that we all have characteristics within our unique selves that extrapolate to the larger entity with ease. That's why we all enjoy being on the lists. That's also why we should and mostly do support the company. --LX -- °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Kernel 2.4.18-6mdk Mandrake Linux 8.2 Enlightenment 0.16.5-11mdk Evolution 1.0.2-5mdk Registered Linux User #268899 http://counter.li.org/ °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°