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SCO Granted Hearing on Potential Delisting

Posted by ryuzaki0 on from the plead-for-your-life dept.

Groklaw Reader writes "SCO will be allowed an oral hearing on its potential delisting. The hearing is scheduled for March 17, 2005, so they again show us what they are best at: staving off impending doom. There is no way to predict the outcome of the hearings, but most of the informed speculation is negative, so there are no silver linings in this case. Unless you think they can find some crazy reason to sue the Nasdaq for billions over it..."

5 of 191 comments (clear)

  1. Comment removed by account_deleted · · Score: 1, Informative

    Comment removed based on user account deletion

  2. Re:Ahhhh.... by Anonymous Coward · · Score: 1, Informative

    Uh, wrong symbol there, try SCOXE.

  3. Re:Ahhhh.... by Zocalo · · Score: 4, Informative

    Unfortunalty that's not The SCO Group. You probably meant SCOX, but since they are now delinquent in their SEC filings they've had a nice red "E" appended to their ticker symbol. The correct Yahoo! Finance page is here.

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    UNIX? They're not even circumcised! Savages!
  4. Re:symbol.. by Anonymous Coward · · Score: 5, Informative

    yes, that's an acknowlegement that the underlying company is not in compliance with exchange rules and is under investigateion.

  5. Re:Huh. by UID30 · · Score: 5, Informative

    delisting is not quite as it sounds. they would really "move" from Nasdaq SmallCap to OTCBB or Pink Sheets. they would still, however, be a publicly traded company.

    --
    "Glory is fleeting, but obscurity is forever." - Napoleon Bonaparte