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gnulaw (53.79)

AirFoil[ed]? Open Source Titan SugarCRM CEO and SourceForge (LNUX) Founder Not Aware of Geeknet !?#

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November 19, 2009 – Comments (1) | RELATED TICKERS: AMZN , BBY , GKNT

 

On November 17th SugarCRM issued a press release* announcing they promoted Larry Augustin as full-time CEO of SugaCRM. Larry Augustin was also the Founder, Chairman, and CEO of VA Linux (LNUX) now known as Geeknet**.

On November 4th Airfoil PR announced SourceForge (LNUX)'s name change to Geeknet.

"... Renaming the company Geeknet is the latest step in our rapid transformation,” said Scott L.  Kauffman, President & CEO of Geeknet. “Our new name is a more accurate articulation of our business. With Geeknet as our calling card on Madison Avenue, we are now able to clearly define the audience we serve and more effectively capture the business opportunity that we are addressing...” ***

The [Nov 17th] SugarCRM press release stated "...Augustin previously served as CEO of VA Linux (now SourceForge, NASDAQ: LNUX)..." 

It just doesn't get worse than this folks...

It seems Scott Kauffman and Airfoil PR just can't seem to figure out how to get their Founder's attention, who also resides in Geeknet's backyard, let alone Madison Avenue's...

* Source: http://www.sugarcrm.com/crm/about/press-releases/20091117-larry-augustin.html

** Source: http://en.wikipedia.org/wiki/Larry_Augustin

*** Source:http://geek.net/press/sourceforge-inc-changes-its-name-to-geeknet-inc/

 

Source: SourceForge Shareholder News http://www.topix.com/com/sourceforge 

1 Comments – Post Your Own

#1) On November 19, 2009 at 2:23 PM, gnulaw (53.79) wrote:

Not only is what the LNUX shareholders are observing is management rearranging the deck chairs on the Titanic but it appears the ship's Captain and officers are also blind.

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