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 SEC says they they:
believe that we have sufficient liquidity resources to fund our operations through October 31, 2007.
Now that may not be a problem for a company making money (they won’t touch their resources), but SCO isn’t. PJ goes on to say:
So do they actually have enough funds to make it to trial? After all, the Novell litigation goes first and is currently set to begin on September 17, 2007. There is currently no date set for the IBM litigation to even go to trial, but we do know it is expected to last for about 5 weeks. If Novell starts on September 17 and runs for even half that long, oops. Insufficient liquidity resources, I’m thinking, to make it to trial with IBM after that. No wonder SCO asked the court to have IBM go first. That’s if either case ever does go to trial. SCO again admits neither may ever make it to a jury.
Strangely enough this is not good news. Even though SCO’s “mountain of evidence” turned out to be a measly 326 lines of “code” (IBM identify 121 as
#define, 12 as function prototypes, 164 as structure definitions and a quantity of comments) in 12 files, 11 of which are header files, it would be very useful to get this all out in open court to finally prove how brazen a shakedown attempt this was.