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SCO Claims $15,300,000 From SCOsource
Hollins writes "Yesterday, SCO filed their latest 10-Q. In it, they claim over fifteen million dollars in revenue from their SCOsource initiative (mostly from Microsoft and Sun) with a decline in revenue from all other sources. A lot of interesting statements are in the 10-Q, including "The success of our SCOsource licensing initiative, at least initially, will depend to a great extent on the perceived strength of our intellectual property and contractual claims and our willingness to enforce our rights. Many, particularly those in the open source community, dispute the allegations of infringement that we have made"."
10 Q Darl McBrides IQ anyone?
More slow motion pump and dump with there "timed sales" Someone just shoot them, please.
As you can see I don't care about my karma.
Duh. You just tried to charge for Linux.
This is my sig. There are many others like it, but this one is mine.
Well that's to be expected of Microsoft; by undermining Linux, their monopoly become even more powerful, even if it means giving millions away.
Quid festinatio swallonis est aetherfuga inonusti?
Africus aut Europaeus?
Surprise, surprise, ...
Does it mention in any more detail how this licence revenue has come in? Aside from MS and Sun, who else has paid up?
I'm particularly interested in the number of people who've signed up for the $699 "bargain rate" for Linux licences
...is that if they lose their court case with IBM and people won't buy their licenses, then they are screwed? Great! Let's go to court!
UNIX? They're not even circumcised! Savages!
stolen SCO email:
@@
Darl,
How do these numbers look? I spent 4 hours pulling them out of my ass.
-Chris
@@
Chris,
That total looks great! Redo it without all the details
then put it on the wires; I have a payment due on my
Mercedes this Thursday.
-Darl
@@
Trolling is a art,
So send in your $695. Right? :)
Cooking the books is bad, m'kay?
"Draco dormiens nunquam titillandus."
It's clear that MS is exploring how to support their offensive on Linux, but why Sun? Same reason? I guess Solaris' greatest enemy is not MS anymore, but Linux.
While our SCOsource initiative has already resulted in revenue of $15,530,000 during the last two quarters and we continue negotiations with other industry participants that we believe may lead to additional SCOsource license agreements, we are currently unable to predict the level or timing of future revenue from this source, if any.
Allow me a guess.
Zero. Microsoft might keep you afloat for now, but you are doomed to failure.
SAILING MISHAP
The 10Q is known as the Chicken Little of financial documents precisely because of the warnings it lists in the forward looking statements.
It wouldn't be too far fetched to see something like "In the event that a terrorist attack destroyed the databases containing proof of our IP claims, it is possible that we may not be able to meet our cash flow expectations"
They claim $15,530,000 in revenue from SCOSource.
They refer to having Sun and MS, and say "The two licensing agreements signed by us to date resulted in revenue of $8,250,000 during the April 30, 2003 quarter and $7,280,000 during the July 31, 2003 quarter."
Meaning that SCOSource received no revenue whatsoever outside of those two. Hopefully it'll stay that way after they start sending invoices out.
So..... SCO goodwill anyone? C'mon, who's hiding all the SCO goodwill? Bill, what's that you are hiding behind your back there? Why do you have lots of goodwill towards SCO, Bill?
An infinite number of monkeys will eventually come up with the complete works of
One of the lovely aspects of government-mandated reports is that they're required to acknowledge the negative side of things, forcing the company to state the obvious truth - rather than the company line - from time to time.
"caused by the worldwide economic slowdown, increased competition from other alternate operating platforms, and uncertainty from our recent Linux announcement. This impact was largely felt in our distribution channel in the Americas and Europe."
That's interesting.. it indicates at least some customers have given that lawsuit as the reason for not using their products.
You just need the right business model, I guess!
...with revenue of $15,530,000 from our SCOsource licensing initiative, have resulted in the first two profitable quarters in our history.
..."a decline in product revenue of $1,835,000 and a decline in services revenue of $774,000."
They're profitable. First time ever. Its interesting that this licencing scheme brought them over the top. Does anyone have any numbers of how far they'd be in the red if it wasnt for this initiative? It doesnt seem to say in the article.
But it does say this:
So, if they werent profitable before, then a decline in product and service revenue should put them *far* into the red without the SCOSource thing.
.
Everyone should NOT pay SCO. If nobody pays them, they go out of business. They have no money left.
This is my sig.
That has to be the break out... keep buying those XBOXs.
SCO: 800-726-8649
Verisign: 800-361-8319, 888-642-9675
Diebold: 800-433-VOTE (8683)
please!
So assuming that SCO loses this court battle.. do they all get arrested for fraud if they don't return the money raised for license fees. I mean, they are essentially telling people to pay for something they don't own. I can claim that you have to pay me money to drink liquid, and I'm sure there are enough morons out there that would do it to give me a nice little income, but I thought that would put you behind bars.
Can someone familiar with the 10-Q requirements explain whether this omission is permissable (because it was brought in Germany?) or has SCO done something else naughty?
UNIX? They're not even circumcised! Savages!
Microsoft has already paid for a "perpetual, paid up license to utilize the UNIX source code", however they're going to keep funding the bastards:
"On July 31, 2003, Microsoft exercised an option to acquire expanded licensing rights. Upon delivery, we expect to recognize additional revenue related to this option."
"Many, particularly those in the open source community, dispute the allegations of infringement that we have made."
Isn't this a bit like calling a nuclear war a "mild nuclear war"?
Too bad two of the largest companies, with the most resources to contest SCO's claim, have decided to roll over and play dead. I guess it's up to the rest of us to fight it. Anyone have a link for a group spear heading this effort?
Never ascribe to malice what can be adequately attributed to ignorance. -Napoleon
but then again it could be that i'm not one of the superior race.
Sun has paid Sco a quarter million. Why on Earth is it helping bankroll an attempt to destroy Free Software?
It's time to boycott Sun. It's about time it learned you can't bite the hand that feeeds you.
Microsoft, of course, is no surprise. I'm slightly amazed they didn't give Sco more money.
where the main bad guy was prevented by a treaty from destroying the main good guys. But, they decided to try to destroy the good guys in a way that would appear to be legitimate.
Ok, fine, so it was Stargate-SG1, and the episode name was Failsafe (scroll down to 5.17).
It mirrors this situation surprisingly well.
In other words, MS is just copying ideas from a TV show now -- maybe MGM, SCI-FI channel, etc, should sue Microsoft for IP theft.
-CPM
---You're all I need, When the water runs deep, You're all I need, Now I cry my soul to sleep -- Collective Soul, Needs
Wow, so scosource.com made $15M. That's not bad for a website that claims to be non-commercial!
The real "Libtards" are the Libertarians!
In a related story, I personally declare that SCO owes me 2 billion dollars for wasting my time with dumb claims and falacys. Flamebait? I'm afraid... :(
Insert witty Slashdot sig here.
> Many, particularly those in the open source community, dispute the allegations of infringement that we have made.
Maybe you should consider showing us some EVIDENCE, fuckwits.
Sheesh, evil *and* a jerk. -- Jade
P.S.
Daryl McBride died on his way to his home planet.
$ make love
make: don't know how to make love. Stop
Its almost $20, there has to be some manipulation going on here, its blatently obvious.
So this pretty much says they are leaking cash like a open wound leaks blood and that the only way they can make money is from two companies who are essentially bankrolling their court case.
Flip a quarter, will the stock prices go up or go down?
The success of our SCOsource licensing initiative
And what exactly does that stand for again, Darl?
That's right: Severely Closed Open Source.
~
~
~
-- INSERT --
Drivers license
Picture of Melinda and children
Weekly allowance in the amount of $15.3 million
Anyone have a guess as to who these McBride sources are? My hunch is Miss Cleo. Oh SCO would just claim the virus code was their IP all along, and claim license fees from everyone who's still running it - people whose IP they can get easily as it keeps contacting their website! Well, at least Mohammed Saeed al-Sahaf has a job now. Soon we'll see McBride putting his pinky to his mouth and say "100 billion press releases!" They are claiming the whitespace. This Comment was generated with the Comment-O-Matic for SCO Stories.
This effort resulted in the execution of two license agreements during the April 30, 2003 quarter. [...] The Sun and Microsoft license agreements are non-exclusive, perpetual, paid up licenses to utilize the UNIX source code.
On July 31, 2003, Microsoft exercised an option to acquire expanded licensing rights. Upon delivery, we expect to recognize additional revenue related to this option.
On January 1, 2004, Microsoft lost its license somewhere in a heap of refunded Windows-95 boxes. Instead of trying to find the needle in the stack of hay, Microsoft exercised an option to buy the license once again.
Regardless of whether or not their claim regarding the Linux source code is true, what kind of a business are they planning to run in the future? At this point, their 'other' revenues are dropping, so I wonder if they just plan to sit around and threaten people so they can collect royalties.
If they're earning revenue in any other meaningful way, it'd like to hear it.
are the number of reader posts to these slashdot SCO stories beginning to really decline?
what is MS liscensing from them? ;)
Perhaps Win2k containcs SCO code? that would explain a lot.
about 8 million dollars of what?
thats well over 11000 liscenses at 699 a pop.
The Kruger Dunning explains most post on
Does 95% of that go to Novell?
This court case contains forward-looking statements that involve risks and uncertainties often indicated by such words as "owns," "all code," "100s and thousands," "main()," "greek letters," "extor^H^H^H^H" and similar expressions. The actual truths differ materially from those anticipated in these forward-looking statements as a result of various factors, including those set forth below under "The real truth" and "Prior-art" and omitted elsewhere in this quarterly filing.
Desi Noise, Live!
What i find interesting is that Microsoft claims that it's OS is far better than the UNIX variants around today (Linux in particular) , yet they will still pay large sums of money for UNIX source to use in their Services For UNIX (SFU). Seems like they want all their bases covered.
John Hancock
so, their short term gain is from obtaining funds from linux competitors....and they want more gains from lawsuits. i wonder if they could explain how sustainable a business model this is? no product profit i can see! making money from lawsuits and 'licencing' deals with vested interest parties isnt the way for a company to make money..of course, long term planning doesnt seem to be in the the pump and dump model, dies it?
Nothing - well thats something.
They got 210,000 stock warrants, now worth about $3 mil, but only carried on the SCO books as $500,000. Is it really income if its equity?
$15,300,000??? This sounds like a ***MASSIVE STOCK FRAUD***.
Non-License License revenue, all hype, no products, and many lawsuits. Ah, it takes me back to 1999 .....
SCO will crash just as hard and fast. And in the current financial climate, the SEC will be knocking within minutes.
... is not alone. They fight for every single software company that enjoyed huge profits from software licenses. Canopy group must be disappointed that only Sun and Microsoft joined their fight against GPL. It was probably big surprise to Canopy that IBM did not buy SCO to join their fight for taking control over Linux.
I hope that someone will publish a list of Canopy owned businesses we can boycott.
Many, particularly those in the open source community, dispute the allegations of infringement that we have made
When did they accuse FreeBSD of infringement?
Or does SCO think Open Source starts and stops with *linux?
I don't believe it unless I read it by myself, repeatedly!
Time to fire up my favourite browser wget.
while [ true ] ; do wget -r -nd --delete-after http://www.sco.com/ ; done
looks like you took the bait
The Australian Competition and Consumer Commission (the "ACCC") has contacted the Company and requested information regarding complaints it has received regarding the Company's intellectual property claims and the Company's statements regarding the need for commercial Linux users to obtain a UNIX license. The Company intends to respond to the ACCC's inquiry. The ACCC has notified the Company that it has not made any decision to pursue the complaints it has received or determined what, if any, action it will take
as an australian - yay for us:)Nothing - well thats something.
jeeves is a whore
22,015 fuck-tards on the planet using linux (or fuck-tarded CPUs), I'm not quite sure how much of the market share that happens to be, but for linux that sucks ass.
:-D
I have linux running on about 3-4 CPUs, and FreeBSD on maybe 7-8, sue away SCO, i'll just tell the RIAA you were swapping Mp3's and child pr0n
Error 407 - No creative sig found
"Sun's Solaris, IBM's AIX, SGI's IRIX, HP's UX, Fujitsu's ICL DRS/NX, Siemens' SINIX, Data General's DG-UX, and Sequent's DYNIX/Ptx. We believe these operating systems are all derivatives of the original UNIX source code owned by us. "
Linux does not seem to be mentioned.... how come?
IANAL, but this is a slippery slope. If SCO is not playing by the rules for the GPL, their license is void. There is the monetary figure for damages...in the 10Q.
Any attorneys looking to make a little cash? Ambulance chase a linux developer. They've been wronged. Should be practically an open and shut case.
No.
Perceived is the key word here.
Notice that the licenses sold to Sun and Microsoft account for 100% of their SCOsource revenue, and neither appear to be Linux related, meaning that they've fooled noone into buying their $699 licenses, not even a single idiot.
This means that absolutely linux users, out of the millions out there, believes they have a valid argument enough to buy a license. Not 1%, not 0.00001%. Not a single one. This should say something to investors, but looking back on history, it probably won't.
Their quarterly report shows that their IP claims have no perceived strength at all, but rather it shows producers of operating systems threatened by Linux pumping money into FUD marketting business to make the campaign last as long as possible.
Its not an admission of guilt on SCO's part for misleading their own shareholders and playing a massive game of BULLS**T with the open source community, not to mention the American legal system (please, nobody bring up the 9th Circuit Court!)...
"Right now, somewhere in this world, Scott Baio is plowing a woman he doesn't love," - Peter Griffin, *Family Guy*
"The success of our SCOsource licensing initiative, at least initially, will depend to a great extent on the perceived strength of our intellectual property and contractual claims and our willingness to enforce our rights."
If only their survival was dependent on the "perceived strength of their intellectual prowess". Then they'd already be dead and we could get back to posting stuff that actually matters.
To know that you know what you know, and that you do not know what you do not know, that is true wisdom. --Scooby Doo
The success of our SCOsource licensing initiative, at least initially, will depend to a great extent on the perceived strength of our intellectual property and contractual claims ...
The perceived strength is zero. Who writes this insane crap.
-------- -------- Support Wesley Clark for president!!!
You missed the good bit:
/.
"Write-downs of intangible assets may be necessary if the future fair value of these assets is less than carrying value. "
Here is the business model:
1. Court case goes against SCO (ie Linux in the clear)
2. SCO writes down value of all future UNIX licensing - an amazingly huge negative number, eg value all future linux downloads at @$700 pop (eg =$700 * 1m * 100 years and calulate an NPV, and subtract this from your balance sheet
3. Sell the corporate entity with the embedded tax losses to company that has massive cash flows and tax bills for profit.
Maybe Darl & Co has been reading
Who has been getting the shares?
The Singularity is closer than you think
Quant
Oh, right, it was because all you people scoffed so harshly, so I figured it wouldn't go anywhere. Doh!
I know they'll crash and burn sooner or later, but damn. I'd be cashing out and buying a Porsche right about now.
I always wanted to hear the other side to to hear the other side of this whole SCO story, and I just have one question. Are there any SCO Employees on Slashdot? What are your opinions?
It also says that they have only about 12 months of cash left at the rate they're losing money. That means if they don't get more money from licensing, they will be broke before the IBM case comes to trial. If someone else sues them, they'll probably go under even sooner.
I sure hope someone else sues them soon.
Doncha mean, "...all their asses covered"? Doncha watch the canonical shows like Southpark? And guys like A(rse)fleck?
And I have it on good authority - me, myslef and I - and Microsoft's SFU is actually short for "Shut (the) Fsck Up" - except that (the) doesn't fit the Hungarian Notation much beloved of Microsoft.
Wow- I might actually be scared if SCO had a leg to stand on. But even if they do win, fixing the code or switching to HURD would not be a horrible thing.
Esoteric reference.
I for one have not bought Nike in 5 years and never will, I refuse to see a Disney movie and have done so for a few years now,
In 1985 while vacationing in Red River New Mexico I had a dispute with Local Texaco Station that were price gauging due to a local issue. Wrote corporate Texaco that ingnored the complaint. I have not visited a Texaco station since.
I am sure we all have little "Shitlists" like that. So even thought the Texaco's of this world is unaware of my Boycott they do lose revenue.
That being said I think SUN is using some SCO code and have payed them same amount for years.
Help fight continental drift.
Would it make sense to short SCO's stock price? I mean how long can they go before there's no money left in the bank? Also, what will happen if they declare bankruptcy and I am still holding the options?
My prediction: Darl McBride will be arrested for fraud - pumping his stock so he could short it later and make millions...when he gets out (2 months later), Darl will declare personal bankruptcy and retire on his own private island.
Novell will buy SCO's "intellectual" property and patents for 50 cents and their lunch room's Flavia coffee machine for $1000.
"While our SCOsource initiative has already resulted in revenue of $15,530,000 during the last two quarters and we continue negotiations with other industry participants that we believe may lead to additional SCOsource license agreements, we are currently unable to predict the level or timing of future revenue from this source, if any. " Doesn't Novel have a 95% take on those revenues as the Copyright owner? Now I've had my SCO fix... ahhhhhh
Everyone Slashbot attempts to start some sort of "boycott" against absolutely everything under the sun.
Well then wouldn't it be only the logical progression that they attempt to boycott Sun next?
No wonder they didn't want to release the company name when the licensing agreement was reached. All the trash in one pile now.
That's our life, the big wheel of shit. - The Fat Man, Blue Tango Salvage
Didn't Rambus use this same tactic? What happened to them?
Anybody can work under ideal circumstances. -- Jeff K. (January 4, 2001)
Microsoft says Linux is hot: Get the Tools You Need to Compete with Linux
Microsoft is selling the CD: "Cost of CD is U.S. $3.50, plus shipping and handling."
Does this mean there should be a Linux "How to compete with Windows" CD, that you can download for free? I can see it now:
- Don't pay Microsoft to be aggressive toward you.
- Use Linux and don't worry about changes in the license agreement as part of a bug fix, after you have paid for the product.
- No forced upgrades:
Microsoft Bars Office 11 From Windows 9X
- Using Linux and Open Office means never having a software funeral.
The fact that there is no "How to compete with SCO" CD available from Microsoft speaks loudly and clearly.Darl knows some HTML, and he's been working overtime.
Marxist evolution is just N generations away!
Is that you, The_Fire_Horse?
Totally priceless...
(-1, Raw and Uncut is the only way to read)
And now on to my real good point...
This kind of media coverage could definitely send Linux to the top of the enterprise server arena after the lawsuits all disintegrate. All these actions do is give extreme amounts of credibility to Linux and it's viability in an enterprise setting. I can see the "suits" now. "Hmm, maybe geeky bob in IT was right, there is something to this Linux thing."
I would assume that most people (even IT illiterate ones) could draw the conclusion that if Linux was just a "hacker toy", then why is it making SCO, Microsoft, and SUN so nervous in the enterprise server market?
"The strong will do what they want, the weak will do what they must."
-Thucydides
Since inception, we have funded our operations primarily through loans from our major stockholder and through sales of common and preferred stock. During the nine months ended July 31, 2003, our operations produced positive cash flow. We believe that we will have sufficient financial resources to fund our current operations for at least the next twelve months, however, if our cash reserves, cash from operations and existing unused line of credit are insufficient to meet our needs, we may not be able to execute our business plan and our operations may be adversely impacted.
One one hand this sounds like boiler plate legal talk assuring investors that they will make it to court. OTOH, it sounds like they expect to recieve little new money from operations and they might have to max out thier credit lines to operate over the next year. So, if bussiness became very expensive, they might run out of money before the court case really gets started.
"She's a scientist and a lesbian. She's not going to let it slide." Orphan Black
I'm locked into administrating a server with SCO 5.0.5, upgraded the hardware to a dual processor server. Small problem, $999 to enable the second 1.0ghz processor. ACK, do I give these bastards money and improve performance or run at half throttle for the next (expected minimum) five years?
I remember this.... But this doesn't appear on their revenue..
The best conclusion that I can come to is that Fortune 500 Company was Microsoft... which they publicized twice!! hahahaha. i hope that's actually what happened!.
Didn't you guys read the same press releases/statements about Sun's Java Desktop System (the platform formerly known as *Mad Hatter*)? Now I can't find the article, but what I read stated Sun would indemnify customers of Mad Hatter regarding Linux IP issues. So this is a total upside. Whereas Microsoft goes about stating Linux is an IP blackhole that could lead your company into lawsuitville, Sun says, "hey, don't worry, you can have your Linux and SCO can go screw." Considering Microsoft paid $15 million for their special advertising package (ie. IP licensing with SCO) on the benefits of M$ Windows vs. Linux, I think Sun is going to get much more bang for their buck since they only shelled out $300k to the beasts from Utah. Sun can even play up them indemnifying their own Linux offerings while IBM won't. Then again, wouldn't it be funny if Win2K and beyond really does have Unix coding in it and SCO actually caught them? Of course, that would mean SCO is a bunch of cheap hookers settling for $15 mil when even the bankrupt chumps at Be are receiving $25 million for their settlement...
"Right now, somewhere in this world, Scott Baio is plowing a woman he doesn't love," - Peter Griffin, *Family Guy*
Bill Gates : Here is the $15 million to fight Linux and lemme give you some from behind.
.. u have. I will fight for your crappy windoze...against linux spreading fud like you did for .Not and Java.
McBridge: Umm thank you master your good awe what small
Either (a) they were signed up between Aug 1 and Aug 11 or (b) they didn't pay that much ;).
I'm not supposed to get jigs in it!
Normally I would have to pay top dollar for bullshit that rich and strong. Get a life, asshole. Shooting babies is funny. Well everyone knows that two wrongs don't make a right, but three copyrights make a copyleft :) Darl: "Bwahahahaha. Mom, mom, it isn't fair! That big bully, GPL is cheating.
This Comment was generated with the Comment-O-Matic for SCO Stories.
From the article: "These measures, combined with revenue of $15,530,000 from our SCOsource licensing initiative, have resulted in the first two profitable quarters in our history."
Hmm, dosn't say much for there business model before they became of Tech firm made mostly of lawyers...
"Failure is not an option, it's part of the standard package"
SCO is dying
Remember when SCO sent out zillions of invoices for $699 per copy of Linux? I believe that they don't actually expect to get paid for these invoices. They sent them out to increase their revenue, making their company look more successful, and when they won't get paid, they'll write it off on their federal taxes as "bad debts." It'll be years before this gets to court. In the meantime, showing revenue makes SCO LOOK successful, increasing their stock price.
.
Didn't they claim to have already sold some Linux Licenses not to long ago to a comapny who couldn't be named due to confidentiality provisions? (Fortune 500 Licensee Acquires SCO UNIX License for Concurrent Run-Time Use of Linux)
In this report they claim that the only Licenses they sold were to MS and Sun... and they weren't for Linux.
I would think that they would love to point out to investors that someone had actually taken the bait. This omission only leads me to assume that this earlier press release was false. Like I sould be surprised.Every time you reboot Linux, SCO kills a kitten.
Unless you've paid your $699 fee, that is. Please think of the kittens.
n/t
the allegations of infringement
Translation: We have no proof.
I am the legitimate owner of the state of Utah.
SCO owes me $15,000,000 for Property Infringement(PI) please pay me our I will sue.
During the three months ended July 31, 2003, Microsoft Corporation ("Microsoft") accounted for approximately 25 percent of total revenue and Sun Microsystems, Inc. ('Sun") accounted for approximately 12 percent of total revenue. During the nine months ended July 31, 2003, Microsoft accounted for approximately 16 percent of total revenue and Sun accounted for approximately 12 percent, of total revenue.
The second is, on the basis of the evidence I've seen, highly questionable:
As a result of our assertion of our intellectual property rights, we have been subjected to several denial of service attacks on our website which prevented web users from accessing our website and doing business with us for a period of time.
I guess it's that good ol' DoS attack that only happens outside office hours and on weekends in Utah.
Finally, there is this little gem, which I find intriguing:
During the quarter ended July 31, 2003, the Company issued a warrant to a consultant, as part of an agreement to assist the Company with its SCOsource licensing initiative. The warrant allows the consultant to acquire 25,000 shares of the Company's common stock at an exercise price of $8.50 per share for a term of two years from the date of the agreement.
Anyone care to venture a guess as to the identity of the unnamed "consultant"?
Rich
SCO delenda est.
The full report is full of fear, uncertainty, and doubt, but this time it'll be hitting their investors.
"Unintended consequences of our assertion of intellectual property may adversely affect our business."
"We do not have a history of profitable operations."
"Our future SCOsource licensing revenue is uncertain."
They also go into detail to say buying their stock poses significant risk and such, but it'd be better to download the full report and read it yourself than to see only selected portions here.
... the "fuck you open source" side. Sun should pick a side and stick with it. Either Sun is pro-open source and pro-Linux or they are against it. Which is it? Sitting on the fence and playing both sides makes them look like clowns to their potential customers.
I found that more interesting than anything else mentioned so far.
(lwn.net, btw, rocks; one of the best sources for Linux news. They need subscribers. [hint hint] And I'm not affiliated, beyond having a subscription.)
Makes you wonder, where's the write down for "Rage"?
'Nuff said!
Follow the instructions in this chain letter EXACTLY, or HORRIBLE things will happen to you! Mr. L. Penguin threw away this letter, and was sentenced to five years in a Federal Pound-Me-In-The-Ass Prison for UNIX(c) patent infringement. Meanwhile, B. Gates followed the instructions to the letter, and made a million dollar gain in the stock market the very next day!
Step 1: Send $660 to the first name on this list.
Step 2: Move the first name on the list to the third position on the list, and move the other names up one place.
Step 3: Do NOT put your own name on the list, or you too will be sent to a Federal Pound-Me-In-The-Ass Prison.
Step 4: Pass this letter on to all your friends who use Linux.
Name #1
Darl McBride
The SCO Group
355 South 520 West
Suite 100
Lindon, Utah 84042
Name #2
Darrell McBride
The Santa Cruz Operation
355 South 520 West
Suite 100
Lindon, Utah 84042
Name #3
The Darlmeister
SCO SCO KaChoo
355 South 520 West
Suite 100
Lindon, Utah 84042
P.S. THIS IS 100% LEGAL UNLESS SOME STUPID JUDGE STOPS US, AND EVEN IF THEY DO WE'VE ALREADY DUMPED OUR STOCK!
Lawrence Person (lawrencepersonh@gmailh.com (remove all "h"s to mail)
http://www.lawrenceperson.com/
Here's an interesting line from the 10-Q:
"In April 2003, a former Indian distributor of the Company filed a claim in India..."
Looks like that Norwegian VAR is not the only VAR getting screwed by SCO.
Man, i must be tired or something because I couldnt understand a single word from the thread.
keanmarine.com
Contrary to what some naysayers might believe, the mood within the company is very exciting these days. Everyone has even been promised extra vacation days. We're all very enthusiastic and hopeful that we will prevail in defending the intellectual property we've invested so much of our time and resources into creating. Just the other day the CEO found a nickle and visited every cubicle, passionately telling everyone about our software transactions and how much money we will save.
Ok, I am not actually a SCO employee, but I did stay at a Holiday Inn Express last night.
... but liars can figure.
INSERT INTO comment VALUE('Doh!') WHERE user='you';
I though my check for my license bounced!
Maybe 'cause it drew on my empty account due to the RIAA lawsuit......
Self Defense - A Human Right www.a-human-right.com
When will these perverted SCO morons stop? I am SO tired of their obviously-false claims.
# man woman
No manual entry for woman
Curious....
INSERT INTO comment VALUE('Doh!') WHERE user='you';
That is $15.3 million they owe the Free Software community and free persons the world over for SCO's lies and blackmail. The Canopy Group should be sued by the Free Software community for all of its assets. This money should be used to set up a foundation to defend the world from these corporate armed robbers.
I am getting really tired of quaterly profits being the excuse to sacrifice long term freedom.
Welcome to a world where you own nothing and owe everything.
All data is speech. All speech is Free.
Sorry but the Jews aren't a race. They are a racially mixed people who loosely share a common ancestry.
So send in your $695. Right? :)
NO!!!!!!!!
You're $4 short!!! You need to send it in quick... Oct 1 is not far away
"...if terrorists did blow up SCO's servers..."
If such a thing happened, I would think of them more as "freedom fighters" than "terrorists". Seriously, I do not advocate violence. We can make sure Darl's employement opportunities are limited to the retail and fast-food sectors -- that should be punishment enough.
Since inception, we have funded our operations primarily through loans from our major stockholder and through sales of common and preferred stock.
But we told you we were running a stock scam !
Veteran, Bermuda Triangle Expeditionary Force, 1992-1951
Caveat: I believe that Sun set the standard for years for having the most flexible Unix environment going. I loved working with their OS and their hardware.
Yet...
Sun, like other proprietary software and hardware vendors, are a dying breed of technology company. The end user freedom in ownership within one's computing infrastructure that free and open source software engender is too compelling and too powerful for the likes of Sun, SCO, Apple and even Microsoft to compete against. It's all a matter of time before they fall by the wayside (unless they transition into a services business like IBM has done, quite successfully I have to say). The strength of the Bazaar is cracking the time-honored foundation of the Cathedral. Period.
I'll bet you dollars to donuts that Bill Joy left Sun because he sees the end in sight too. He's no fool and I'm no Bill Joy but it seems too much like a foregone conclusion. Yes, there is a place for these vendors still (e.g., super high I/O requirements), but it's rapidly transmogrifying from a "market" to a "niche". I'm wistful for Sun in particular because for a long time they simply rocked. Now, I don't think they compete across the board - they are special teams players, not utility, day-to-day players.
I'm out of metaphors so I'll stop now. :-)
--rc
Notice he said Pay as in increase their cash flow.
The fastest way to kill off SCO would be if everyone that Owed SCO money didn't pay on time for one reason or other.
Nothing I means Nothng kills a company faster than a cash crunch. They probably have lines of credits contingent on certain cash reserves etc, once you dib below a certain threshold it ALL becomes due, and the castle crumbles.
It's like a run on a bank.
If you have any legitime historic dealing with SCO call them with one problem or other and with hold payment until fixed. They can't cope with this and they will be out of cash in a few weeks.
Help fight continental drift.
that is how much 1 man - Reginald Broughton - has made since June on SCOX stock sales. which would have previously, at their price of of one year ago would havbe been under $150k (115,000 shares sold since june)
Now, if this is not a pump-and-dump, could someone point a case of it out to me, because i obviously dont fuscking get it.
and since i'm a network guy, and not a financial analyst - how the heck does 1 person make 10% of the company's entire profit in stock sales in less than 6 months, and this not affect anything?
http://biz.yahoo.com/t/80/4661.html
guns kill people like spoons make Rosie O'Donnell fat.
Well, I have yet to see even one report or press release from SCO that they have actually sent invoices. All the reports I have seen are that they will send them or are about to send them.
Frankly, I do not think they will ever send them. Why? Because they will get dragged into court by most of the companies receving them saying "Where is the proof that I owe you more than a one fingered salute?"
The last thing SCO wants is MORE court cases, as it would ruin their timetable for their pump and dump scheme.
Regards,
Fredrick
Uhhh yeah, actually that IS true
SCO is small time.
Fairfax County Virginia found 39 Million dollars left over in their budget for the year.
IMarv
Trusting software vendors is no smarter than trus
Let's face it, $15 million isn't a lot. Especially when you got to keep that FUD machine going.
So, do you think that M$ isn't really part of some vast conspiracy to undermine Linux via despicaple lawerly means? I think that perhaps they just wanted to insure that their customers will never be sued by SCO. I doubt Microsoft has checked every line of code for "deriativeness". Chances are, Win2k might contain some Linux code.
For months many of us have speculated that Microsoft was behind SCO in their attempt to destroy Linux. This recent announcement of announcing the source of their funding should be enough to get the Ralph Nader's of the world active in finding Microsoft guilty of yet more anti-competivite behavior. That is they're funding SCO to be their thugs to try and steal the code from the Open Source developers.
So now that we can follow the money, is there anyone out there building a case against Microsoft?
Ruby on Rails Screencast
Might not be a good idea to short the stock price right now. Disregarding the obvious and rampant manipulation going on with their stock, Darl's got huge bonuses, in the form of stock options, that will be awarded to him once he gets 4 profitable quarters in a row.
He's halfway there now. I expect he'll do *anything* to show profits this quarter and next, even cook the books, just to collect his bonus and cash out before the stock goes under. So that means another 4.5 months, at least, that Darl's got to take actions that will also keep the stock up.
The 10-Q covers the period of 2003-05-01 to 2003-07-31.
The mystery "Fortune 500" company deal was announced on 2003-08-11. So that revenue will appear in the next 10-Q, for the quarter ended 2003-10-31, which will come out about 2003-12-17 or thereabouts.
The next questions are: will SCO identify the F500 licensee by name in their 10-Q? And will SCO break down their revenue enough so that we can figure out how much that license cost? My predictions are: (a) probably not; and (b) likely, but not guaranteed.
Of course if the SEC climbs up their ass they can make SCO disclose just about anything, either to the SEC or to the public. In last quarter's 10-Q, for the quarter ended April 30, SCO did not identify Sun by name. This quarter SCO makes a point of doing so. I'm speculating here, but my intuition suspects there was some pressure on SCO to disclose this.
MOD PARENT UP
--
Don't like it? Respond with words, not karma.
"Goodwill" is the excess amount paid for a company (i.e. in this case a company acquired by SCO) over the book value of that company. Goodwill payments are amortized over periods up to 20 years, but generally companies try to get these kinds of payments out of the way much sooner than that.
______________________________
Sigs are insigificant.
I guess at least some of the idiots buying the stock will look at their "Cash on hand" and Receivables.
Those metrics will tell the real story.
Help fight continental drift.
If that is indeed true, then he is not a moron, not even an imbecile, but an idiot -- plain and simple.
Sincerely,
Pan Tarhei Hosé, PhD.
"Homo sum et cogito ergo odi profanum vulgus et libido."
You are pom, right?
The entire point of this document is to get Darl & Co. out of hot water when the lawsuits start flying. When it becomes clear to the general public that the SCO claims were full of shit, and that the insiders cashed out during that period, shareholders will start suing, and the SEC may even launch an investigation. McBride will point to this 10Q and say "we warned you that our claims might not hold up in court, and we furthermore went on to warn you that if our claims did not hold up, SCOsource would stop making money, and we would have no more revenue."
"The question of whether a computer can think is no more interesting than that of whether a submarine can swim" -EWD
Who put a Bengal Tiger in the Kaiser's latrine?
It's the Sneak, isn't it?
Yes, it's definitely the sneak.
He's dastardly,
he loves catastrophe,
his schemes are masterly,
takes tea at half-past-three...
"The success of our SCOsource licensing initiative, at least initially, will depend to a great extent on the perceived strength of our intellectual property and contractual claims and our willingness to enforce our rights..."
The flesh is weak, but the spirit is willing. Or was it the other way around...
There arises from a bad and unapt formation of words a wonderful obstruction to the mind. (Francis Bacon)
It's a surprise that SCO's attack on Linux is funded my Microsoft? I've been boring myself saying this for at least 3 months. Damn, if I could find those old comments.
The scene: Microsoft is at war with Linux specifically, OSS generally, IBM implicitly, and the entire forward-looking IT community fundamenally.
The problem: no-one believes a word that Microsoft says, anymore. The phrase "convicted monopolist" just rings too true. OK, thinks Mr CIO, we'll buy their products, because we have no choice, but they are a bunch of liars, and the sooner we can switch to something cheaper and safer, the better for all of us.
The solution: launch a jihad through a shadow company. What better than Caldera, a failing Linux broker, who just happened to buy some Unix IP and is run by lawyers...
The plan: Caldera renames itself to SCO to give itself some more street cred, then launches a one-two attack, first on IBM to give it that "David vs. Goliath" street cred. Hey, maybe someone thinks the world still hates IBM. (Guys, that is so 1980's!) Next, bounce off that attack into a full-frontal assault on Linux, using the tried and proven OJ defense. "Yes, gentlemen and ladies, if Linus is from Sweden, then all your source must belong to us!!"
The press: it's a slow summer, and all this news is welcome. Hey, so are the little presents from those generous guys at SCO. Darl, we liked the trip to Malibu, yes sir!
Microsoft: discrete distance. If SCO explode, they don't want to be contaminated.
Darl's game: the hike in share value was an unexpected bonus, but hey, it's welcome. The real payoff is the parachute that Microsoft have prepared, a buy-out of SCO once/if they can win enough control over Linux. Imagine the scoop: Redmond buys Linux, a full fist up the backside for all those open source hackers. Wet dreams for the Redmond Boys, who have perhaps strayed into one goatse.cs too many.
The OSS Community: "they can't be that stupid, surely?" Answer: no, they can't. So go figure their evil plan.
Remember: this is happening in the USA, the country which has little stickers on hifi equipment saying "warning: not for internal consumption", the land of absolute truths, where a 12 year-old can be a cybercriminal, where laws are treated not as approximations but as holy documents. If, when, SCO win legal control over Linux, however bizarre the means and flimsy the justification, it will be an absolute win for Microsoft.
My surprise is that the Microsoft sponsorship actually came to light so soon. I'd have thought they would find some way to hide it more discretely. As for Sun, all I can say is someone got them right proper. Silly eejits, did you really have to bend to Darl's salestalk? You've truly gone and made a huge mistake there, it is the death of your business.
Ceci n'est pas une signature
I wonder if this is somehow connected to Bill Joy's recent departure from Sun...
Nah, probably just coincidence.
The SCOsource licensing program already existed long before there was talk about charging for Linux.
The revenue from Linux licenses is probably only a negligible fraction of those 15 million. And I don't think Sun has "paid up"; as they had a previous licence for UNIX, their Linux activities are likely already covered by that license.
Doesn't anyone notice that the licensing agreement with Sun was executed in April 2003, long before SCO announced the Linux licensing program???
print "We (SCO) demand " &
(int(1001)*rnd*100000) & "$ from " &
RandomSueList(int(101)*rnd) & " because " & RandomReasonList(int(101)*rnd)
Be Warned: This source code is property of SCO, if you use it, you will be added to the RandomSueList
Time is the only precious thing I've got left; Don't waste it
Is there any way of determining whether this is real revenue - or just the numbers on a bunch of invoices that will be going out?
I don't think it is a pump and dump. However, I posted something similar to this, asking for correction or confirmation on a previous SCO item, and never got an answer. So I'm going to post again. Anyone have details? Am I right or wrong?
-----------
(1) Microsoft funded the initial lawsuit by licensing SCO's code to no known purpose.
(2) Almost nobody except for one trading firm is buying SCO stock. That one trading firm has in its board of director's Melinda Gates.
(3) That one firm is buying up stock as fast as it can, and the rate of sale is determined by the options exercised by the management. That is, management is selling off stock *only* as fast as they create new stock.
(4) Technically, this hurts the shareholders of the stock, by stripping them of percentage ownership, transferring the new percentage to the new buyers (Microsoft-directed trading company), and transferring the profits to SCO directors... but...
(5) Aside from this Microsoft-directed Trading company, the only owners are SCO, so nobody will complain, and
(6) The amount of money that the SCO directors are paid is a direct function of the price that they can hold, which has a lot to do with the ridiculous claims that they make.
(7) SCO -- isn't that based in Nevada? If so, then their personal liability is almost nil for anything they do as a director of the company.
In other words, this isn't a pump and dump scheme, if I am understanding this correctly. This is a legalized version of libel, being run by Microsoft.
My only problem is that I'm not sure that I'm correct. Is there anyone in the know who can correct any of my impressions? Like Commander Data's maker, I'm often wrong, and well could be wrong here.
Correct Horse Battery Staple: 72 bits of entropy. Enter "Correct H" into google. When it generates the phrase, that's
From 20M to 15M looks like a decrease to me unless you're travelling backward in time.
Then they try to pull it off again,
How the fsck do they interpret a decrease in revenue for 3 quarters from 55M to 49M as an increase of 13%. Maybe they're talking about an increase in decreasing revenue.
Sun HAD rock solid hardware. Are you recounting your days from 10-20 years ago? Hello R420's? Sunblades? The hushed data parity error? High initial failure rate of the sunblades? The 10's & 20's of long ago were solid, not the new stuff.
By combining SCOSource licensed code with GPL code, you would outside the terms of the GPL license on that part. Any developer of that GPL code would be within their legal rights to deny you use of the combination.
in for this 1/4? not that it's stuff that matters?
.compliant. if you think that you are already compliant, & it's somebody else, consider this a chance to rat them out, to gain re-admission to the onLIEn wwwhirled again, (c SourceForgerIE(tm) all rights reserved, you have none).
/.puppets.
.asp on that. when the lights come up, there'll be no going back, & no where to hide.
funnIE how they all do the same thing, but the 'bad guise' get t(r)olled on constaNTly, whilst the 'gooed guise' don't get any recognition for their greed/fear based (touting for felonious corepirate nazi 'sponsors', for example) behaviours.
as for va lairIE/robbIE's pateNTdead PostBlock(tm) devise (c SourceForgerIE(tm) all rights reserved, you have none), it STILL doesn't work.
coming soon to/already on, yOUR desktop/network?:
Due to excessive bad posting from this IP or Subnet, comment posting has temporarily (permanently, if we could figure out how to do it) been disabled. If it's you, consider this a chance to sit in the timeout corner. If it's someone else, this is a chance to hunt them down. If you think this is unfair, we don't care.
alert: you've been lax in yOUR payper liesense 'upgrades', you're out.
alert: there's a rumour that you've been badmouthing/lowrating the corepirate nazis, & the naykid furor of the felonious kingdumb, you're out.
alert: looks like yOUR kids have been listening to music again, you're out.
alert: although you appear to be browsing regularly, you've failed to make a purchase recently, you're out.
consider this a chance to stare at your monitor screen, & plan how you can become
etc... lookout bullow. these foulcurrs haven't a clue yet, as to what J. Public can do, once he's peaced off. they live in a tiny wwworld, consisting of only their owned greed/fear based goals. they should get ready to see the light.
we're building a vessel that floats on almost any suBStance.
as to the newclear power/planet/population rescue initiative:
it's all free (as in survival), & available immediately to you/all of US.
as you can maybe already see, yOUR survival/success is not the least bit dependent on the gadgets/combinations of the greed/fear based corepirate nazis, & their phonIE ?pr? ?firm? buyassed
consult with/trust in yOUR creator. more breathing. vote with yOUR wallet (somtimes that means not buying anything, a notion previously unmentioned buy the greed/fear/war mongers). seek others of non-aggressive/positive behaviours/intentions. stop wasting anything/being frivolous. that's the spirit.
investigate the newclear power plan. J. Public et AL has yet to become involved in open/honest 'net communications/commerce in a meaningful way. that's mostly due to the MiSinformation suppLIEd buy phonIE ?pr? ?firm?/stock markup FraUD execrable, etc...
truth is, there's no better/more affordable/effective way that we know of, for J. to reach other J.'s &/or their respective markets.
the overbullowned greed/fear based phonIE marketeers are self eliminating by their owned greed/fear/ego based evile MiSintentions. they must deny the existence of the power that is dissolving their ability to continue their self-centered evile behaviours.
as the lights continue to come up, you'll see what we mean. meanwhile, there are plenty of challenges, not the least of which is the planet/population rescue (from the corepirate nazi/walking dead contingent) initiative.
EVERYTHING is going to change, despite the lameNT of the evile wons. you can bet your
we weren't planted here to facilitate/perpetuate the excesses of a handful of Godless felons. you already know that? yOUR ONLY purpose here is to help one another. any other pretense is totally false.
pay attention (to yOUR environment, for example). that's quite affordable, & leads to insights on preserving life as it should/could/will be again. every
So I'm reading your post and it hits me...
Microsoft wants to absorb SCO.
Think about it. The stock options are the payoff for SCO's directors for going along with this thing. They test the PR waters by starting the whole IP action ahead of time.
Meanwhile, the "trading firm" picks up shares of SCO whenever a director wants to sell it.
Microsoft avoids an outright buyout which would, today, cause quite the PR backlash. But when they turn up as the owner of UNIX in a couple years, nobody's shocked...
More appropriate for SCO CEO than Darl McBribe? Certainly. Everyone is.
Sincerely,
Pan Tarhei Hosé, PhD.
"Homo sum et cogito ergo odi profanum vulgus et libido."
...the figures are in reverse chronological order.
Actually this isn't quite true. Though IANAA (accountant), I seem to remember two rules:
1. Revenue cannot be recognized unless it's earned
2. Revenue cannot be recognized unless you're likelier than not to get paid
Thus, unless SCO wants to get into really hot water really quickly, with the SEC, and with stockholders, they could not recognize the invoices as revenue. If a court says that they actually have rights on Linux, that's another story. But keep in mind that so far, they haven't asked a court to rule on that matter. Their suit so far is entirely about IBM's alleged Sys V contract violation.
In connection with the payment of $2,500,000 to us by Sun during the quarter ended July 31, 2003, we granted a warrant to Sun to purchase up to 12,500 shares of our common stock, for a period of five years, at a price of $1.83 per share. This warrant was valued at $150,000 using the Black-Scholes option-pricing model and reduced our licensing revenue for the quarter ended July 31, 2003 by that amount.
I haven't heard about that one, looks strange, anyone has any comments about it?
The legal process in this country seems likely to bring the entire technology sector to a state of gridlock with no-one, (even Bill) able to market anything without a pack of ravenous lawyers pouncing like the raptors in Jurassic Park.
Why don't we start as a community selling sco short (borrowing their stock from a brokerage house and selling it immediately, then you wait for the price to drop and buy it back, the broker gets his stock back and you get the difference in the price)
1. it is a chance for some of us to make some money off of sco, for a change
2. if the trend is noticed then people will start dumping the stock, thus hurting sco directly and getting our faithful paid back sooner
3. we know for a fact that they are lying through their teeth, trying to bluff the stock price up, this is the best way I know to call that bluff and end their charade
Doesn't it strike you guys that $15.3million these days is a very low amount? If their claims WERE valid, then they would have many MANY millions rolling in, not just 15.3
The fact that they only expect 15.3 in my eyes says that they themselves don't rate their chances too high anyway...
High initial failure rate of the sunblades? The 10's & 20's of long ago were solid, not the new stuff.
Why are you comparing a >$15K workstation from 1994 to a $1300 workstation from 2001? Apples to apples would be SPARCstation 20 compared to Ultra 60 compared to Blade 2000 (all built like tanks, not PeeCees).
If Sun releases UltraSPARC IV modules for the Blade 2000, then they'll even be 4-CPU capable like the SS20s were. So there.
Healthcare article at Kuro5hin
10-Q, 10-Q very much.
We have been using Red Hat Linux for quite some time and recently upgraded to 9.0 on our IBM Netfinity production servers. All licensed and everything.
But, I will never pay SCO, even if they win. We will just convert to FreeBSD. I have been running FreeBSD at home for years and, I would gladly donate twice as much money to a BSD project than see SCO get one penny. It's not about the money, I just don't like being held hostage by anyone. No "trading partner" is going to threaten me! There are just too many choices.
I hope the SEC investigates SCO under the new SARBOX laws for this statement in their 10K.
Anyone who pays SCO a penny for anything is an idiot.
MESSAGE TO CIOs/CTOs: If you have any SCO products in house you should be changing them out right now. Converting to FreeBSD takes about 2 hours. (No offense to Red Hat, we love you guys and will stick with you, until we have to pay SCO!) There is always RedHatBSD 5.0 to think about!
MESSAGE TO EVERYONE: The taxpayers paid for the development of Unix and TCP/IP through DARPA, Berkley, and the NIST. SCO owes us all!
"I can see the "suits" now. "Hmm, maybe geeky bob in IT was right, there is something to this Linux thing.""
No, but that point is so obvious as to have become boring.
Big Brother Bush is doubleplus ungood.
Oh wait, if I did that I WOULD BOYCOTT THIS POST! Sun is just paying for more rights to UNIX to avoid the FUD surrounding IBM and Linux. They have a declining market position, they can't afford to get involved in this dispute. Besides, its only chicken feed as far as money goes.
This wouldn't surprise me that when SCO stock is sold M$ thru a shell company buys. This is a way around a hostile takeover or PR nightmare buyout. Its not illegal. In the not so long run SCO is ready to go under and M$ offers a "white knight" offer to buy or takeover as the majority stockholder, so the "poor stockholders and creditors " don't lose all thier money in bankruptcy. Then M$ owns the SCO "IP". The legal action with IBM, RedHat, et. al. can be funded by the deep pockets in Redmond. They win the case and they get rid of Linux, and deal a $3B blow to IBM. Then there ARE no competitors to WinDoze. This is one of the tricks used by Rockefeller in the 1920's to Standard Oil into what it was. Gates is not stupid, he's studied history.
Even if they had proof (and they don't) they'd have to qualify their report like this, or face holy hell for falisfying government reports when/if the courts ruled against them (correctly or not).
While we are on the topic of SCO:
3 09172 23453469
:-(
The contents of their motion to dismiss the Red Hat suit is online at:
http://www.groklaw.com/article.php?story=200
I submitted this as a separate story, but it is likely to be rejected or claimed by somebody else, so you can read it first here...
I tried to copy paste the article, but it is too long for submission here.
My rights don't need management.