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SCO On the Rocks

Netromancer wrote in to alert us to a Businessweek Online article discussing the downward spiral in SCO's fortunes and luck. From the article: "The mouse that roared is barely squeaking these days. A string of recent setbacks raises grave questions about SCO's finances, its court case, and its management."

9 of 255 comments (clear)

  1. Re:What? SCO needs money? by spac3manspiff · · Score: 2, Informative

    Or they can devote their efforts towards something productive. But that's too obvious.

  2. Re:Perhaps by AndroidCat · · Score: 3, Informative

    Darl sued his last employer, so why not?

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  3. Re:What? SCO needs money? by Ralph+Yarro · · Score: 2, Informative

    Surely there must be someone else they can sue.

    Yes, we'll be suing Boies Schiller & Flexner next but don't tell them I said so.

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  4. Re:Has anyone managed to short SCO stock? by sqlrob · · Score: 2, Informative

    IIRC, something along the lines of 30% of the shares are shorted. That's a huge amount compared to what happens normally.

    Unfortunately, I don't think Wall Street sees them as full of shit, otherwise the price of the stock would be much, much lower.

  5. Re:uh huh.. by KiloByte · · Score: 2, Informative

    Wrong. If a company dies, it's the stockholders who lose, not the management. The managers simply need to find a new job -- and note that even during the company's agony they still get paid in full. Their pay is also orders of magnitude bigger than those of a common employee.

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  6. At least put a link to the original of this by iONiUM · · Score: 5, Informative

    It's a bash quote in case you didn't already know.

  7. Re:uh huh.. by twiddlingbits · · Score: 2, Informative

    SCOX does not own the UNIX source code base as they want you to think. Novell owns most of it, IBM and others who have contributed to the various versions own the code they wrote. All SCOX may own is anything special that did for SCOs UNIX offering.

  8. Re:Why is it still in court? by k98sven · · Score: 4, Informative

    But considering the length of time this has dragged on, the 900 million lines of code provided to them, and the fact that there has not been a single shred of evidence to date, why is this even still in court? How much money do you suppose this has cost IBM and tax payers so far?

    Why is this still in court? Well, in part because the US legal system works at this speed. The average copyright case from filing to verdict is 2 years. And this is a larger-than average case.

    It looks like this one will be resolved in 3-3.5 years.

    SCO has a big pile of claims. IBM has a big pile of counterclaims. It's not just a question of the copyrights. SCO has contract claims too, IBM has licensing, trademark-infringement and patent counterclaims. And then there's the fact there's is a lot of code involved, with a lot of history behind it.

    Add to that the fact that SCO has indeed been dragging their feet, and consistently been requesting more discovery.

    Doesn't the court have some basic responsibility to IBM to end this case now that SCO has come up short?

    That would be true if SCO had come up short. But in reality, the court hasn't determined that SCO has come up short. Yet. IBM filed for summary judgement and it was not granted. The case is still in discovery, and the court obviously felt it was more important to give SCO a long leash to produce anything it can during discovery, than it was to give IBM a quick trial.

    Now, normally you would think SCO would put everything they had on the table in order to defeat the motion for summary judgement. They probably did, too, but the court decided to give them the benefit of the doubt and told IBM they could re-file their motion after the discovery phase is over. (When the court is certain it has all evidence in front of it)

  9. Re:Whoa by flosofl · · Score: 2, Informative

    Except this is a civil matter, not a criminal one, and therefore a jury does not come into it

    Wrong.

    There are juries in civil suits, also. The number of jurors is different, however. I beleive instead of 12, as in criminal court, there are only 6. What your referring to is a bench trial, and that has to be specifically requested (and I've also only heard of those in regard to criminal proceedings). When the news talks about juries awarding astounding damage claims to plaintiffs, they are talking about juries in civil cases.

    Right now, the case is still in discovery, so the jury hasn't even been selected yet.

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