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The one sign for impending bankruptcy, sellout, or similar forms of doom: desperate last measures by top management to raise the stock price, presumably so they
by Nitramp 13y ago
The one sign for impending bankruptcy, sellout, or similar forms of doom: desperate last measures by top management to raise the stock price, presumably so they can make a last profit. E.g. SUNW changing its stock symbol to JAVA just before selling out to Oracle.
- josh2600 13y agoThat was so classy. I remember when that happened and then I remembered that RIMM just changed to BBRY... Research in Motion to Blackberry... HMMMMM. I'm just saying.
- potatolicious 13y agoOn the other hand, "Apple Computer" became "Apple" with apparently no adverse effects.
- Fuzzwah 13y agoMy 1st thought was that the difference here is that Apple were broadening their focus, the other two examples were pinning all their hopes on a single product.
- cstejerean 13y agoI think a comparable change on Apple's part would have been renaming themselves to MacBook with a stock symbol of $MBP (or something equally narrow, as opposed to dropping computer to go after a bigger market).
- erik 13y agoImagine Apple with a stock symbol of IPOD.
- hkmurakami 13y ago$NEXT
- deleted 13y ago[deleted]
- SimHacker 13y agoLISA
- jwoah12 13y agoUnfortunately SIRI is already taken!
- evilduck 13y agoApple was on the upswing when they did that though. It didn't feel like a warning sign.
- freehunter 13y agoBut Sun didn't change the company name to Java. RIM did change the company name to Blackberry. Slight difference.
- hkmurakami 13y agointeresting since companies like Salesforce have always had ticker symbols like $CRM
- scrabble 13y agoWhile this is fair -- and I don't think there's a strong positive outlook on BlackBerry's future -- there were internal discussions for years about whether to change the name of the company or not since BlackBerry was really the only product and was far more recognizable externally than RIM.
- johnjlocke 13y agoTrue that. I've seen it happen before up close.