Buying SCO
Posted Jun 12, 2003 22:31 UTC (Thu) by
hamjudo (subscriber, #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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