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SCO News Roundup
Bootsy Collins managed to combine all of today's SCO stories. He writes "The firm of David Boies, SCO's attorney in charge of their Linux IP cases, has
announced their compensation
(so far) from SCO: $1 million USD in cash, and $8 million in SCO stock. Keeping that stock price high until they can sell is clearly of some importance to
Boies, Schiller and Flexner LLP. Given the cost of
selling a $50 million convertible note to fund their legal actions, the actual cost to SCO is more like $17 million USD. Meanwhile, SCO CEO Darl McBride is saying that Novell's purchase of SuSE
violates a non-competition agreement reached when SCO bought the Unix source, and thus is legally actionable by SCO. Over at the Register, they've noticed that SCO's latest SEC filings indicate how firmly they're putting all their eggs in the legal basket: the filings effectively say that
'SCO has already lost business from its loyal customer base, and it expects to lose more.'
And finally, in response to a poor response to SCO's attempts to get Fortune 1000 companies to pay $699/server for 'Linux licenses' before the fee jumped to $1399, SCO has announced
that the $699 discount rate will apply to the end of 2003. Hurry before time runs out again."
Please mod parent up +1 Funny.
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