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BayStar Sets Lawyers on SCO
myster0n writes "According to The Register: 'SCO's attempts to rescue its relationship with BayStar, its biggest backer, have come to naught. On Friday morning, Eastern time, SCO announced that the stock buyback deal it agreed with the unhappy investor had closed. Two hours and five minutes later, Baystar issued a statement saying that a) no it hadn't and b) we'll see you in court, matey.'" Thanks to The Reg for the write-up.
"Ha ha!" (Nelson)
Looks like SCO is about to finally see the damage they cause when they burn bridges via litigation. The less "business partners" SCO has, the shorter their life expectancy, which doesn't seem to consist of more than suing everybody, will be.
It would be cool if it didn't suck.
is the following paragraph:
'SCO maintains that it has been a paragon of virtue and transparency throughout, and that everything it said publicly and privately is true. But, and this should come as no surprise, it won't had over the documents BayStar wants to see. It says this is to "protect the confidential and proprietary nature of the information" and to "avoid fostering speculation regardng its SCOsource business".'
Darl: Paragon of Virtue, Lifter of the Downtrodden, Scooper of the Pooper - He needs an action figure!!!!
The five minutes to draft their response, I can understand. What was the two hours for? Laughter, rage, a few more holes of golf?
One line blog. I hear that they're called Twitters now.
It takes a big man to cry, it takes an even bigger man to laugh at that man.
Jack Handey
Trolling is a art,
It is not OK just to copy and paste the article text in your article submission. You can say something like 'The Register writes " ..."' but you can't just take credit for it. And come on, Hemos, can't you RTFA before you post it?
When those dueling press releases were issued friday July 23, 2004 only long time SCO2 watchers Stephen Shankland of Cnet "SCO, BayStar resume squabbling" and Eweeks Steven J. Vaughan-Nichols "BayStar Threatens to Sue SCO" reacted to the PR releases of SCO and Baystar (the later with a good double feature), joint by USA Todays Tech Investor "SCO says BayStar deal closed; BayStar disagrees".
7 26_0528 39.html
Today a second wave of Bad PR build up, starting with two refrubished Stephen Shankland
articles in Australia, followed by Tom's Hardware Guide noting that SCO2 is in a "FiaSCO - SCO's war on Open Source about to be fought on six fronts" (notice that this is the same side that debunked Darl's Naked German Shorts before the last conference call was over)
http://www.tomshardware.com/hardnews/20040
Next was Londons The Register to notice that "BayStar sets lawyers on SCO"
When daylight crossed the atlantic, SCO2 tried to build a dam agaist the wave of bad PR and issued two press releases at 8 o'clock US east cost time in a desperate move to cover the bad news at the top of their news heap, to scroll it off the screens like a Troll posting bogus messages. Let't get some popcorn and see if it holds.
You've got to wonder how much longer they can stand this abuse.
Looking at their quarterly income and cash flow statements, one can only draw one conclusion; SCO will be out of cash in roughly three to four quarters without a significant cash injection from an interested party.
Their stock price sucks, their product sucks, their management sucks, and they have NO customer good will. They have no prospects for income and roughly $60M in cash. At $12M+ losses per quarter, they will barely make it to the close of FY05.
I would hate to work there.
"Rocky Rococo, at your cervix!"
BayStar ABSOLUTELY MUST do this! Otherwise, IBM and the others will be able to get the information about the link to Microsoft (read the Halloween Memos if you don't know what I'm talking about). They ONLY way to keep that information secret (and protect Bill) is to get it wrapped up in a lawsuit with "confidential" terms and a confidentiality agreement.
This has NOTHING to do with getting back the money they were instructed to channel to SCO.
So while we are all sitting around laughing at SCOX Baystar is definitely pulling a fast one to COVER THEIR investor's ASS(ETS).
"myster0n writes 'SCO's attempts to rescue its relationship with BayStar, its biggest backer, have come to naught. On Friday morning, Eastern time, SCO announced that the stock buyback deal it agreed with the unhappy investor had closed. Two hours and five minutes later, Baystar issued a statement saying that a) no it hadn't and b) we'll see you in court, matey.'"
Nope, The Register writes.
If you're going to plagiarize, at least try to make it a little less obvious than a cut-and-paste of the article's opening paragraph.
"Ask not what your country can do for you." --John F. Kennedy
Perhaps BayStar just plans to acquire SCO (and thereby its claims to Unix rights) so that they can pursue the rest of us more effectively ?
What if SCO is right?
Well, as that's one of the signs of the Apocalypse, I think we'll all have bigger things to worry about.
Seriously - wondering "what if SCO is right?" is like wondering "what will I do if monkeys fly out of my butt?" After all, you've never had monkeys fly out of your butt before, so therefore the longer you go without having monkeys fly out of your butt, the greater the chance that they eventually will, right?
the length this has drawn out does make one wonder.
The length of time is simply a demonstration of how long someone can game the system. Why not simply ask "why has this drawn out so long, and SCO has yet to produce a single shred of evidence to support their claims?"
They were using Microsoft Word to write the briefs.
Clippy kept popping up with things like "It looks like you're preparing to sue one of Microsoft's business partners, are you sure you don't want to reconsider" and escalating to "You are making Uncle Bill VERY unhappy."
It finally crashed and sent an "Error Report" with the full text to Microsoft headquarters.
In the end they just installed OpenOffice and finished.
Most of the two hours was downloading the OpenOffice install.
"Live Free or Die." Don't like it? Then keep out of the USA