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September 17th, 2007, 01:38 PM
#11
Forget it gore,
When the ships leave the drowning rat, you just know that the cruise is over.
Latest news: SCO have asked the Court to let it hire temporary beancounters as half of its Finance Department have either quit or been fired:
http://www.groklaw.net/article.php?s...70917072753835
When I was looking through the stockholders listings I noticed several with just one share........... obviously intended to be framed and hung on the wall?
Last edited by nihil; September 17th, 2007 at 01:42 PM.
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September 18th, 2007, 10:59 PM
#12
Looks like the share price tumbled to $.16. Not a very good sign.
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September 19th, 2007, 01:05 AM
#13
Hmmm,
The SEC have to step in................. but I guess they have a majority of linux fanboys so they will leave it until Friday?
How to make money out of it?................ let it fester a bit then see if you can buy at about a nickel?
Get 1,000 shares at a nickel (ignore the zombie cat bounce that will produce) which will cost you $50...............
Now, you legitimately own 1,000 SCO shares that will soon be worthless? or will they?.............. hey, you own 'em, huh? ...............
Just print 1,000 certificates of 1 share each and sell them to linux fanboys to frame and stick on the wall.............. charge ten bucks a time and give your own "death certificate" along with it. That is 1000 x 10 less expenses............. you should clear 8,000 bucks?
You will need to check the local regs, but it would be OK over here need some "legalese" on the back of the cert. as well; but all you are doing is selling a legitimate interest in worthless stock............... actually you are selling the "death certificate"............... you will have to check "pink slip" regs as well.
Yeah! Yeah!................ I won't try to pick up the soap.......................
Get in there fast Donkey old chap, 'cause Ralph J Yarro III has already gotten 5,505,949 and has started printing..............
Couldn't have happened to a nicer scumbag IMHO
Last edited by nihil; September 19th, 2007 at 01:10 AM.
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September 19th, 2007, 03:25 AM
#14
Ahh, bur you might forget one more way to make money from falling shares:
http://www.nasdaq.com/asp/quotes_ful...&selected=SCOX
It is also in the concerns on the 10-Q.
http://www.marketwatch.com/news/stor...4F21475CA1C%7D
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September 19th, 2007, 04:57 AM
#15
SCO is blaming Linux for their bankruptcy. SCO Group CEO Darl McBride says competition from the open source Linux operating system was a major reason why the company was forced to file for Chapter 11 bankruptcy protection on Friday. In a court filing in support of SCO's bankruptcy petition, McBride noted that SCO's sales of Unix-based products "have been declining over the past several years."
http://www.informationweek.com/news/...leID=201806893

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September 19th, 2007, 07:42 AM
#16
Yea, it must be Linux and not the fact that they sell a product which has half the features of an OS you can download free.
Has anyone here ever set up Unixware and tested it against Linux or BSD?
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September 19th, 2007, 02:15 PM
#17
There are some comparisons here:
http://aplawrence.com/Bofcusm/65.html
Yea, it must be Linux and not the fact that they sell a product which has half the features of an OS you can download free.
Totally irrelevant...........just look at the history.
1. Novell sold off a product that was already dying. The real damage was done by the rise of Microsoft, the Windows operating system (particularly NT) and productivity software.
2. SCO didn't really sell anything, as far as open market new business is concerned. Their business was mainly inertial sales to the large SCO Unix customer base that was established in the 1990's, and legacy systems support for this customer base. They did have a division that dealt with Unix/Windows integration for all flavours of Unix.
3. SCO have never made any real effort to develop new and replacement major products, which leads me to believe that litigation and parasitic licencing were their intended main business platform.
Their Unix product was definately a "wasting asset" and they have demonstrated no signs of doing anything significant about this.
The reason that I say Linux is irrelevant is that the decline was well underway when Linux was really only available for free. Now, most enterprises do not like freeware, and would not, at that time, have considered Linux as a viable alternative.
Sure, the commercialisation of Red Hat and SuSE have changed that scenario, but very much "after the event" IMO. All they have done is speed up an inevitable process. Microsoft and other competitors had already done most of the damage.
I am well aware that Microsoft played "rich uncle", but they couldn't do anything about the fact that their competitiveness was killing SCO anyway............ a sort of "friendly fire" scenario?
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September 20th, 2007, 03:58 PM
#18
They are poised to be delisted from Nasdaq. They also admit they may fold altogether. They are toast.
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September 20th, 2007, 04:29 PM
#19
Wow. This is beyond nasty. Guess it shows that just because you can sue anyone doesn't mean you necessarily should nor will you necessarily, no matter how much you believe you are right, get the support you believe you should have.
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September 20th, 2007, 04:56 PM
#20
Yes, but it does have it's amusing side:
SAN FRANCISCO (MarketWatch) -- Sco Group Inc. :SCOX:
said Wednesday evening it has received a notice from Nasdaq that its shares are not in compliance with the exchange's listing rules. The notice follows the open-source Linux software provider's filing last week for Chapter 11 bankruptcy protection. Sco said it plans to request a hearing before a Nasdaq panel, which will stay a Sept. 27 suspension of the shares. Sco said it cannot provide assurance that the panel will grant its request for continued listing
Source: http://www.marketwatch.com/News/Stor...yhoo&dist=yhoo
I blame gore and his penguins  
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