On Nov 6, 4:30 pm, daffy <daffy1...@excite.com> wrote:
> I taught ESL in Japan from 1997 to 2000, and spent my first year
> working for AEON. I was stunned to hear of Nova's bankruptcy
> yesterday, because they were a monster during the years I was in
> Japan. I was wondering if anyone here could tell me how AEON has been
> doing, and if there's been any talk about how Nova's implosion might
> affect competitors like AEON?

I think it's very likely that any company that sells a product that
won't be delivered for months/years and doesn't wisely invest that
profit has a good chance of going under. I assume AEON follows that
seemingly standard (and maybe unavoidable to an extent) practice.
That's part of what killed Bilingual in the early 90's and I bet it'll
be a factor in NOVA's unfolding story. The CEOs of both companies
appear to have been a bit lavish with the company's profits; that
didn't help.

John W.