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SCO Investor Changing the Deal
Kurt Wall writes "According to this story, recent SCO investor Royal Bank of Canada appears to be changing its tune. RBC, along with BayStar Capital, invested $50 million in SCO, but now has changed the deal to give it veto power over the payment of the 20% contingency fees SCO's IP lawyers will get. As to the wisdom of the investment itself, an RBC spokesman would only say that the 'investment in SCO is passive, made to hedge an economic exposure resulting from client transactions.' Such as the SCO case collapsing, perhaps?"
I'm sure SCO's lawyers are going to be upset about this.
SCO's lawyers: "That wasn't part of the bargain!"
RBC: "We're altering the deal, pray we do not alter it further..."
I think we'd all enjoy a nice cold beverage. -David Letterman
...when SCO's lawyers turn around and sue them next. It'll go from being "SCO Sues World" to "World Sues SCO"...
Do not look into laser with remaining eye.
Subject says it all.
Blame Canada!
Donte Alistair Anderson Roberts - hi son!
Karma: Chameleon
Sometime late last fall I received a call from a local business. They had a Unix box that was on the fritz, but unfortunately only had MCSE's on their support staff.
After meeting up with my contact at the site, I tried to get a little more information about what kind of problem it was having. As we walked to the elevators he explained that no one really knew exactly what the box did, or if it was even in use anymore, but it was obvious that the machine was rebooting itself for no apparent reason.
We got out of the elevator at the basement level of the building. The server was sitting alone in a damp room with a concrete floor and concrete walls. I was already pretty sure it was going to be a hardware problem, since Unix boxes don't tend to reboot for absolutely no reason. I pointed out that the damp environment was undoubtedly bad for the machine.
He said, "The honest truth is, no one wants anything to do with this box. It's sitting down here because we're out of space in our server room, and the only guy that knew anything about this box quit three years ago, so we don't even know if it's doing anything useful." With that he turned and left me to figure out the problem.
The machine was plugged in, the power switch was on, but the console was blank and mashing on the keyboard didn't seem to have any affect.
As I was unscrewing the side panel from the case I started to notice that there was a really rank stench in the room. When I first entered the room I figured it was just mildew from the dampness or something, but it was really strong now. I really just wanted to get out of that dimly lit room and out into the sunlight and fresh air.
It was hard to see anything in the case, so I fumbled around inside it with my hands making sure all the internal cables were securely attached to their respective components. Suddenly I felt something squishy and slimy on my hand and jerked it out of the box.
At that instant the machine came on and began to POST. As the memory counted up, I turned the box so I could see into it by the light of the screen. Now I could see the cause of the problem. A rat had crawled into the case via an open drive bay and made a nest near one of the power supplies. She and several hairless newborns had died in there a week or two previous, and I had just stuck my hand in the middle of it all.
As I was wiping my hands off on my pants, I noticed the machine had finished booting. I was like "Ugh, gross! This thing is running SCO Unix!"
Needless to say, I marched right up to the IT offices and told them that the machine was undoubtedly no longer relevant to their business and that they should just throw the whole mess in the dumpster.
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Raising the bar on Slashdot trolling since 2003
I'm just watching SCO stock quotes and FINALLY they began running in the correct direction!
45 5F E1 04 22 CA 29 C4 93 3F 95 05 2B 79 2A B2
Ladies and Gentlemen, the rush of wind you just heard was the sound of SCOX stock deflating. Please brace yourself for the wailing and knashing of teeth of the SCO Group and their investors, followed by the lynching of Darl McBride. Torches and pitchforks will be available in the main lobby.
Ruby on Rails Screencast
Where is a Golgafrincham Space Ark when you need one?
Ronald said nothing. He flung himself from the room, flung himself upon his horse, and rode madly off in all directions.
Well, it was fun bashing SCO while it lasted, but finally some investors have gotten some brains smacked into them and are wising up to SCO's ways. As I always said, the faster SCO goes bankrupt, the faster I can get SCO stuff at the bankruptcy auction for cheap....
Wonder if SCO would sell me some of their copyrights to UNIX....
BC spokesman would only say that the 'investment in SCO is passive, made to hedge an economic exposure resulting from client transactions.'
What he really meant to say was: "we don't really give a shit about this company, and this investment was the stupidest crap we've ever done."
Will code a sig generator for food
What a great idea! Everyone should have at least one short int sco; someplace.
Now that the pump & dump value is greatly reduced, look for the high-priced lawyers (Boises et al) to be replaced by Darl's brother and My Cousin Vinny.
Perhaps I wax pragmatically?
db
Cig:
ôô
You can't spell Fiasco without SCO
Probably. But with all the VC firms and hedge funds I keep my billions in, how am I supposed to keep track? Oberweis Asset Management? Empire Capital Partners? Hell, I probably _own_ some of them! And I'm not even an uber-rich dotcom mogul like Cowboy Neal and Timothy!
Also, you forgot to mention that KDE owns SCO!
What I'm listening to now on Pandora...
I'm gonna miss SCO and Darl McBride. They've kept me laughing and entertained on a daily basis. I mean, where else can you get a company that drags IBM to court and demands that they prove their case for them. Or contends that the GPL is unconstitutional. I mean, these guys are the comic relief of the computer industry.
slashdot, news for crazed liberal socialist zealots
I bet you're a huge hit at parties.
Do you correct all the "chicken crossed the road" jokes too?
"Actually, though very few people know this, biologically speaking, chickens lack the cognitive processes necessary to cross the road under the aforementioned circumstances. See the research done by Smoot and Hawley, 1934.... blaw blaw mumble mumble..."
It's like when I am playing with my kids and I hide my eyes for a second and then fling my hands away and yell 'surprise'. They are genuinely surprised EVERY time, even if I do it 100 times in a row. I guess it is that kind of surprise.
"nothing in"
"The linux infadels have stolen SCO's code."
"God will roast their stumachs in hell at the hands of Darl McBride."
"Lying is forbidden at SCO. Darl McBride will tolerate nothing but truthfulness as he is a man of great honor and integrity. "
""We are winning!""
Quotes for the SCO Information Minister
Not everything is analogous to cars. Car analogies rarely work.
Huh? Even SCO wasn't surprised by what happened last friday in court.
A judge in a U.S. courtroom ruled that SCO had to produce some sort of evidence in support of their allegations. Now, honestly... how could anyone have foreseen that happening?
When all you have is an axe, everything looks like a grindstone.
http://biz.yahoo.com/rc/031210/tech_sco_attack_1.h tml
....
link here.
Reuters
SCO said site was attacked, brought down
Wednesday December 10, 3:44 pm ET
SEATTLE, Dec 10 (Reuters) - SCO Group Inc. (NasdaqSC:SCOX - News), the small software maker suing IBM over the use of software code used for the Linux operating system, said on Wednesday its home page was brought down by a hacker attack in the morning.
Sheila: Time's have changed
Our kids are getting worse
They won't obey their parents
They just want to fart and curse!
Sharon: Should we blame the government?
Mrs. Cartman: Or blame society?
Dads: Or should we blame the images on TV?
Sheila: Heck NO, blame Canada
Everyone: Blame Canada
Sheila: With all their beady little eyes
And flapping heads so full of lies
Everyone: Blame Canada
Blame Canada
Sheila: We need to form a full assault
Everyone: It's Canada's fault!
And exactly WHERE is fuckedcompany.com during all of this?
Asleep at the wheel again. . .
These are my friends, See how they glisten. See this one shine, how he smiles in the light.