SCO - What have WE Forgotten?

Ed Almos asks: "When trying to examine the SCO affair with a cold analytical eye I can't help but be worried. Over the last twelve months the SCO stock price has climbed from just over a dollar to nearly eighteen dollars and at its peak it was well over twenty dollars. Hindsight is a wonderful thing and if I had invested my life savings in SCO stock last Christmas I would now be a multi-millionaire, examining which speedboat to buy instead of which bills to pay. Even a six month analysis of the stock price shows steady growth from about ten dollars to seventeen, a strange situation for a company which is supposed to be on its last legs. For years I had a friend who worked in the petroleum industry as a deep sea diver. Deep sea diving is one of the most dangerous jobs on the planet and when you looked at Matt's desk the first thing you saw was a wooden sign asking 'what have I forgotten?' When you are three hundred feet down the last thing you want is to find out you have forgotten an important tool, it's bad news all round. Matt lived to a ripe old age so I suspect that the sign worked. We all need to ask the same question about the SCO affair, what have we forgotten?"

"Over the last eight months I have read countless posts on Slashdot regarding SCO and most if not all of the posts view the scene with rose-tinted spectacles. Promises are made that SCO will be buried and that McBride will find himself in prison, yet they are still there and McBride is still in charge. The men and women who play the stock market on a regular basis are no fools and something unknown to Slashdot readers made the SCO stock price rise by 2.4%, on December 26th, over half a days trading. If someone buys a stock they expect the price to rise, so what have WE forgotten that could be good news for SCO investors? The principle of 'many eyes' has been used by the Open Source movement before. Thousands of people examine source code, submit patches, and ensure that we give the best software we can to the community at large. Bugs are announced and fixed within hours and all of us know that this methodology provides a better solution than that offered by closed source products. We now need to apply the same methodology to the SCO problem, all of us need to consider what we know about this sorry affair and how we can legally contribute to the downfall of the SCO Group.

SCO have been ordered to produce their evidence against IBM by midnight on January 11th, 2004. This gives us [five days] to make sure that when the IBM lawyer marches into court he has a spring in his step, knowing that he has every Linux user on the planet behind him. THEN we can talk about SCO being buried, but not before.

Thank you for your time and a Happy New Year."

Comments

SCO

[Stargoat]

If any organization got as much press as the SCO, regardless of whether they did anything or not, they're stock would rise in value.

Besides, the SCO might get somewhere. After all, they've got Sen. Orrin Hatch (R. Utah) looking out after them. He's got to keep his son employed somehow.

Comment removed

[account_deleted]

Comment removed based on user account deletion

I forgot...

[fataugie]

to short 1000 shares of SCOX...Thanks for the reminder!

As usual, we have all forgotten...

[HungWeiLo]

to check Post Anonymously.

Or the Preview button.

Donning the tinfoil hat

[allism]

Are we sure this story isn't an SCO plant to spread FUD?

What have you forgotten?

[Sarojin]

To pay your $699 licensing fees!

Re:Skeletons in the closet

[Anonymous Coward]

Arr, right ye are, matey.

If it's mod points ye be wantin', I have none.

We have forgotten that...

[fiannaFailMan]

...SCO's stock is now more overvalued than a startup in Sunnyvale that plans to revolutionise the world of garden gnome retailing by harnessing the power of this new Internet thingy.

Re:This is nothing new

[Anonymous Coward]

So you'd be sitting at home posting in a slashdot forum? Work seems more fun.

Re:Think Pump and Squeeze

[tommck]

This is not strictly speaking a pump and dump. I call what SCO is doing "pump and squeeze".

Sounds like SCO needs some fiber!

Re:did you even read the article

[schon]

The author was just using SCOs stock as an indicator that the company is not going to lose the court case like everyone else assumes will happen.

OBSimpsons Quote:

Disco Stu: "Did you know that in the year 1976, disco sales were up 300%? If this trend continues... Aye!"

Homer: "Those goldfish in your shoes are dead."

Disco Stu: "Yeah, I don't know how to get them out of there."

Re:Lottery Ticket

[RabidOverYou]

Let me see if I understand this. If IBM buys SCO, then they ... pay money ... for the shares. Am I okay so far? And if you own some of those SCO shares, then IBM ... pays - whoa, my head is spinning - YOU ... for those shares. Which means, you get some, whaddaya call it, money for your shares. So, it wasn't worthless, because you got some money. Could you follow all that?

Sir, in regards to your rambling question...

[turambar386]

Presuming that this is a legitimate question and is not just someone doing a Kevin McBride impression... Go to the Yahoo SCOX message list and ask this question instead. Rather than being called a phallus smoking teabagger, you will get decent answers from people who understand stock manipulation and how it is performed. And stock manipulation is exactly what SCOX is. As for your whinging about not having a new speedboat, stop it: it's irritating.

Re:We have forgotten

[addaon]

Phrases to avoid in the future: "despite what you think, do you think..."

Re:This is nothing new

[GuanoBoy]

I don't regret not buying SCO...

I don't regret not buying it, either. I regret selling the freakin' crapload of shares I had before it took off.

Re:Lottery Ticket

[schon]

*if* SCO wins, it'll win $3B plus leverage vs every single linux user

Yeah, and *if* monkeys fly out of my butt, I'll be able to open a circus.

Re:This is nothing new

[(54)T-Dub]

My position on the behavior of The SCO Group is that they're a bunch of lying fuckweasels who deserve nothing less than a forcible sodomization with a diamond-grit-encrusted Louisville Slugger wielded by SEC Chairman Bill Donaldson himself.

You are being a little vague, could you draw me a picture?

Re:You miss the point.

[blair1q]

It couldn't be that the /. community plurality is incorrect in their assumption of the negative finding of fact on SCO's primacy in the ownership of the intellectual property at dispute. Could it?

Re:Dream Mine

[LiquidCoooled]

despite the fact that it won't have a product until the end of the world.

Why does everything have to come back to Duke Nukem Forever :P