Comment Re:$57 million (Score 1) 80
That's why you don't run a big company. Having cash in the bank and being profitable are two VERY different things. The "big mistake" that many companies make is not keeping expenses in line with growth. They spend too much, too fast and add personnel far too rapidly to make up for with future profits. They always say, "Once we're profitable it'll all come out in the wash." But they never become profitable because profits are tied directly into expenses.
There's an old saying that you don't make money by selling at a great margin, you make money by buying at a great margin. That goes for personnel even more than material.
If I was a TurboLinux investor I'd look at this as a positive move on their part, something that seems to be lacking in a lot of these "internet market" companies. The bubble has to burst and TurboLinux is positioning itself not get "popped".
There's an old saying that you don't make money by selling at a great margin, you make money by buying at a great margin. That goes for personnel even more than material.
If I was a TurboLinux investor I'd look at this as a positive move on their part, something that seems to be lacking in a lot of these "internet market" companies. The bubble has to burst and TurboLinux is positioning itself not get "popped".
