The Thoughts and Feelings of a Melbourne Person
I’ve not been following SCO’s stock price recently, it’s been pretty bad since the heady days of around $4 per share, but a Groklaw newspick from their RSS feed just piqued my attention by pointing at the Yahoo chart for SCOXQ.PK (delisted from NASDAQ, trading on minor markets) which shows SCO trading at barely over [...]
From Groklaw:
Here’s the title of the press release: “The SCO Group Files Chapter 11 to Protect Assets as It Addresses Potential Financial and Legal Challenges”, which you can find here. They say reorganization “ensures business as usual.”
It may also act as a useful extra delaying tactic in the determination of how much they owe Novell [...]
After the victory by Novell SCO’s inflated stock price has dropped by $1.12 to 44c US.
Back in 2004 Sun’s then CEO, Scott McNealy, stated in an interview with Jem Matzan (NewsForge reprint) about CDDL’ing OpenSolaris:
We had to pay SCO more money so we could open the code — I couldn’t say anything about that at the time, but now I can tell you that we paid them that license fee [...]
Groklaw has the details, but Judge Kimball has ruled in SCO versus Novell that:
[T]he court concludes that Novell is the owner of the UNIX and UnixWare Copyrights.
Additionally he has ruled that:
SCO is obligated to recognize Novell’s waiver of SCO’s claims against IBM and Sequent
There is now a text version of the judgement.
If you thought SCO couldn’t stoop any lower, think again. They have filed a motion in SCO versus IBM saying they wish to depose PJ, the creator of Groklaw.
I can say this: SCO in its wisdom has just guaranteed that the judges in SCO v. IBM and SCO v. Novell will have to read [...]
Well we know SCO’s stock has been performing sub-optimally (mirroring the company itself, suing your own customers like Autozone & Daimler is not a smart move to get repeat business) but now Groklaw raises the spectre of SCO going under before they can get to trial with IBM!
For instance, SCO’s latest 10Q filed with the [...]
SCO have had enough to worry about recently, but just to add to their troubles their stock is now trading at less than the $1 minimum bid price that the NASDAQ regulations require ($0.94 as I write).
If that happens for 30 consecutive days then they are deemed to be non-compliant and the NASDAQ can begin [...]
The thlot pickens! Groklaw has “IBM’s Memo in Support of its Motion for SJ on SCO’s Interference Claims” (SJ is summary judgement I believe) and has the interesting quote from Lawrence Goldfarb, a BayStar Capital’s managing partner, about what happened when BayStar invested in SCO after Microsoft introduced them:
“Mr. Emerson and I discussed [...]
The Judge in the SCO versus IBM case has just ruled that 187 of SCO’s list of allegedly misused materials are to be struck due to “lack of specificity”, in other words they couldn’t provide any details at all to back up their allegations.
