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SCO Shares Plunge, Canopy Management Change

Posted by samzenpus on from the that's-a-shame dept.

bretberger writes "Shares in Utah's SCO Group went into a tailspin late Tuesday as news spread of both deepening losses and an apparent coup at the software company's corporate parent, the Canopy Group."

4 of 400 comments (clear)

  1. Microsoft will be the white Knight by maddu · · Score: 5, Insightful

    Who wants to bet that before long Microsoft will march in as White Knight and have proxy control over SCO. Hell, it already controls it indirectly!

  2. Settling? by DeathFlame · · Score: 5, Insightful
    "The fate of SCO is one of the big question marks. New management at Canopy . . . may push [SCO] to try and settle."

    Settle? Does anyone see IBM settling? Why would they when they will win.

  3. Re:News? by SoSueMe · · Score: 5, Insightful

    Is this not the same Laura DiDio who has been so reviled by Slashdot in the past as being less than tech-savvy and a mouth-piece for corporations?

    Each of these claims have had some merit as well as critisism of the Yankee Group reports.

    Are they another firm that waits until the writing on the wall is written in neon and suddenly pipe up with a resounding "Me too!"

  4. Neither Novell, nor Microsoft by RickBlaine · · Score: 5, Insightful
    There is absolutely zero upside for Novell in buying SCOX. And absolutely zero downside for not buying SCOX. SCOX is shooting blanks (header files????) on the legal front. And Novell already has linux street cred for 1. buying SuSE, 2. Sending a "STFU" letter to SCOX re the IBM suit and 3. pretty much shutting SCOX down in the "slander of title" suit.

    You don't get street cred for rewarding extortion. Look at where SCOX was before they pulled this BS. About a buck a share. And SCOX has diluted shareholder value (in other words, printed and sold more stock) since then. Let's see: option 1. Pay more than 4x the original value of the company for an extortion threat or 2. let SCOX die a slow, painful and public death for being idiots. Anyone thinking of getting good PR by preventing this company from publicly bleeding to death from its self inflicted gut-shot is stupid. Paying off extortionists is *always* bad PR.

    -Blaine