zombie

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Zombie

A publicly-traded company that continues operations despite a merger or bankruptcy. Stocks in zombies are usually low in price because the companies are likely to cease operations (and the stocks will consequently become worthless). However, a few bottom feeders may be interested in a zombie if they believe that it can restructure and become profitable.

zombie

A company that remains in business even though it is technically bankrupt and almost surely headed for the graveyard.
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Our service control technology gives service providers, for the first time, the ability to eliminate the threat posed by legions of spam zombies without disrupting network performance, allowing providers to manage their networks for advanced services delivery.
We are pleased that industry leaders are stepping up their efforts to protect computer users from costly, annoying and intrusive spam zombies.
This will block the majority of mass- mailing viruses and spam zombies that include their own mail exchange and SMTP engines, which enables mail to be sent directly from the zombie to the target mail server-bypassing corporate outbound mail servers.
In May 2005 the FTC, along with 35 government partners from over 20 countries, unveiled "Operation Spam Zombies," an international campaign designed to educate ISPs and other Internet-connectivity providers about zombie PCs -- neglected, "always-connected" broadband PCs that spammers hijack by installing a spam Trojan.
Identifying computers that are sending atypical amounts of email, taking steps to determine if these computers are acting as spam zombies and, when necessary, quarantining the affected computers until the source of the problem is removed