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Salon gets $500K from Adobe Systems (Another cash infusion needed to stave off death!)
CBS Marketwatch.com ^ | March 11, 2002 | David B. Wilkerson

Posted on 03/11/2002 3:41:28 PM PST by Timesink

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To: Timesink
The only thing better than seeing Salon go down is watching their financial co-conspirators throwing away more money on them in this futile rescue attempt.

Time for a "DNR" (Do Not Resuscitate) order for Salon.

21 posted on 03/11/2002 5:56:20 PM PST by jrewingjr
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To: Timesink
You gotta be effing kidding me!
22 posted on 03/11/2002 6:00:29 PM PST by stands2reason
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To: garbanzo
I'm wondering what the shareholders of Adobe think about the company's managers? Exactly where's the upside for the shareholders?

That's what I was thinking. Investing in liberal internet rags ought to be outside of the company's charter.

23 posted on 03/11/2002 6:04:47 PM PST by Dog Gone
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To: Drango
LOL...Salon is worth just about the same as Adobe's software.

Eh ? Postscript & PDF standards are state of the art.

If Adobe pumped money into Salon, well that is some CFO/boardroom f*ck-up.
But the software/eng side of Adobe is top-notch.

24 posted on 03/11/2002 6:31:06 PM PST by dread78645
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To: Dog Gone
From Salon's leadership page:

Dr. John Warnock has served as a Director of Salon since August 2001. He was a founder of Adobe Systems and has been its Chairman of the Board since April 1989. Since September 1997, he has shared the position of Adobe Chairman of the Board with Charles M. Geschke. Dr. Warnock served as Chief Executive Officer of Adobe from 1982 through December 2000. In December 2000, Dr. Warnock assumed the role of Chief Technical Officer in addition to that of Chairman of the Board. Dr. Warnock received a Ph.D. in Electrical Engineering from the University of Utah.

25 posted on 03/11/2002 6:32:59 PM PST by Drango
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To: Drango
Thanks for the ping and the Lexus info. At least they're up front. Ping for full disclosure...and to Salon's continuing drain on leftist companies. (^:
26 posted on 03/11/2002 6:34:42 PM PST by Ragtime Cowgirl
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To: SunStar
Adobe's only decent software is Photoshop. Everything else is crap.
27 posted on 03/11/2002 6:36:14 PM PST by rintense
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To: Drango
Hmmmm... Too bad. They make great software, but if management makes bad investment decisions the company is doomed.
28 posted on 03/11/2002 6:39:06 PM PST by Dog Gone
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To: Timesink
And of course the all important Campaign Finance Reform will prevent wealthy lefty interests from propping up and dumping money into these liberal spewing cesspools right.

I mean, anything else would just be unfair and CFR is all about fairness.

29 posted on 03/11/2002 6:42:06 PM PST by avg_freeper
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To: Timesink
Ask me how soon I'll upgrade my copy of Adobe Photoshop. Ask me how soon I'll upgrade my copy of Adobe Illustrator. Ask me how soon I'll upgrade my copy of Adobe InDesign.

I don't do business with companies that support socialist insanity.

30 posted on 03/11/2002 6:49:17 PM PST by Standing Wolf
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To: Ragtime Cowgirl
Thanks for the ping and the Lexus info. At least they're up front

Yeah the article shows that Lexus is focused on its image.

If/when you call ask 'em if they support cartoons about assassinating President Bush, selling porn/erotica, supporting kiddie porn, and liberal hate speech. Is that the image Lexus wants?

Everyone! Ping this to yourself as a reminder, and call 'em in the morning!

1-800-255-3987

Call 'em! Help defund the left.

31 posted on 03/11/2002 7:06:10 PM PST by Drango
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To: dread78645
Adobe's Acrobat bloatware takes for ever to search and is also very buggy. Makes Word seem elegant! And PDF is the standard nobody needed. And to top it off Adobe, like Oracle, another bloatware producer, seems to be run by a bunch of liberal pinheads. They'll never get any of my cash!
32 posted on 03/11/2002 7:11:02 PM PST by StockAyatollah
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To: rintense
Everything else is crap.

Actually, the Postscript standard is pretty good in a lot of ways. Only two significant complaints I have about the design of Postscript 1.0:


33 posted on 03/11/2002 7:56:16 PM PST by supercat
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To: Timesink
Wow...didnt know Salon was doing that bad.
34 posted on 03/12/2002 8:31:38 AM PST by cascademountaineer
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To: Dog Gone
Investing in liberal internet rags ought to be outside of the company's charter.

Even ignoring Salon's politics, do the shareholders of Adobe ever think they're going to see the $500k again from a company whose stock is trading at $0.14 on the small cap market, down 95+% from its high?

35 posted on 03/12/2002 2:51:55 PM PST by garbanzo
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