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Buying SCO

Buying SCO

Posted Jun 12, 2003 22:31 UTC (Thu) by hamjudo (guest, #363)
In reply to: Buying SCO by emkey
Parent article: Did SCO open Unix source code? (ZDNet)

Google new search on IBM buyout SCO gets a few hits, change the spelling of buyout and you'll get some different hits. Judging by the stock price, I'd guess that some investors think SCO is worth buying.

There are more reasons why a buyout would be a very bad thing. If IBM were to buy SCO, they'd get stuck with all of SCO's liabilities and obligations, which may be substantial. Do any members of the SCO management team have a golden parachute? Do SCO customers have support contracts?

SCOX has a market capitalization of $110M USD today. Usually the purchase price exceeds the market cap. Far more cost effective to spend a comparatively small amount on lawyers, than a huge amount that rewards the scum.


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As smart as IBM is acting these days...

Posted Jun 13, 2003 1:59 UTC (Fri) by cr (guest, #3685) [Link]

They'll probably wait, and buy just the IP at a Chapter-7 yard sale.

As smart as IBM is acting these days...

Posted Jun 13, 2003 22:34 UTC (Fri) by vksgeneric (guest, #11932) [Link]

Chapter7 would be a real bummer in terms of IP transfer. If a small company gets it, they can try the same stunt as SCO when times get tough. If a large company gets it (IBM, M$, whoever), they can easily sue smaller companies that compete with them and do other stupid things that hurt free software in general and Linux in particular.

Auctioning off IP is like auctioning off a nuke or a set of keys to a bank. You can't expect anything good to come out of it unless the buying party is super-honest and has best interests of humanity in mind, forever.

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