News Elpida files for bankruptcy protection

Memory maker Elpida has filed for bankruptcy protection as its stock drops 95 per cent on the Tokyo exchange

http://www.bit-tech.net/news/2012/02/29/elpida-bankruptcy-protection/1

 

I'll never understand how their shareholders didn't notice how ****ed they were for so long. I get that at least one major creditor must have called in their loan recently, but all this stuff should be available in their investor reports.

 

Companies can last for ages with huge debts and eventually sort themselves out.. A creditor could have called in the loan, but that may only have happened at the start of the week. Perhaps Elpida are trying to move as quickly as they can to prevent the company being put into administration.

 

Buy your DDR3 now!

 

why? i agree, bought two sets of 8gb (before newegg rescinded their policy of allowing postal money orders for payment), but still would like more info, if you really do know. thanks in advance. i am sorry for elpida. their memory was middle of the market, pretty decent ddr2 667 sticks...