Posted Aug 13, 2007 16:24 UTC (Mon) by Los__D (subscriber, #15263)
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Wow, *BOOM*! :)
The SCO Group: we're not dead yet
Posted Aug 13, 2007 19:33 UTC (Mon) by pcampe (subscriber, #28223)
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They chose to fight against open source and they lose, badly. Who knows where they could have been now if they had chosen a different approach years ago, when they still had cash and investors' confidence to develop new products.
The SCO Group: we're not dead yet
Posted Aug 13, 2007 23:28 UTC (Mon) by error27 (subscriber, #8346)
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The stock did surprisingly well actually. Over the weekend the major stock holders must have all decided that the stock was worth 45 cents. It held steady at 45 cents all day. There were almost 6 million shares traded but they were able to hold it.
I'm sure Darl thinks tomorrow won't be as bad.
Darl thinks that SCO still has assets left like the Unixware business, recent code and the trademarks. Unfortunately for him, that won't be enough.
The SCO Group: we're not dead yet
Posted Aug 14, 2007 1:23 UTC (Tue) by phgrenet (guest, #5979)
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If the stock gets below $1 for some times they will get delisted. It already almost happened to them recently; it may happen again. So I don't think shareholders would be happy with 45 cents for a long time. But of course they may file for bankruptcy before so that may be a moot point.