SCO Announces Q2 2005 Results

gaijincory writes "SCO announced it's second quarter results Wednesday. Their net loss came in at just under $2 million. Revenue was $9.2 million (down from $10.1 million in the same quarter of the prior year). The decrease in revenue was "...primarily due to continued competitive pressures on the Company's UNIX products and services.""

Comments

Anyone who knows about stock markets...

[bcmm]

Does this mean they're dying?

Re:Anyone who knows about stock markets...

[ras_b]

well... revenue is down (they're taking in less money):

revenue second quarter of fiscal year 2005: $9,258,000
comparable quarter 2004: $10,137,000

but losses are significantly down (this is good for them- they are losing less):

net loss second quarter 2005: $1,962,000, or ($0.11) per share
net loss comparable quarter 2004: $14,726,000, or ($1.04) per share.

so who knows if they're dying, but the decrease in losses coupled with the steady revenue ($9 mil ain't too shabby) makes them look ok.

Re:Anyone who knows about stock markets...

[RichMan]

> so who knows if they're dying, but the decrease in losses coupled with the steady revenue ($9 mil ain't too shabby) makes them look ok.

They have about $9M left in unreserved cash. The loss would have been almost $3M except for a 1 time gain of $700K+ on sale of stock that had been written off.

SCO has cut developers and marketing to get the cash flows down. It has not really worked.

Continued buisness is a loss.
New buisness (lawsuits) is a bust.

Re:Anyone who knows about stock markets...

[_KiTA_]

Netcraft hasn't confirmed it, so, I just donno...

Re:Anyone who knows about stock markets...

[raolin]

I certainly hope not.

I'm not a SCO fan, and I think their recent attempts at increasing revenue is little more than extortion but the fact is that if SCO goes down, more people are out of a job and there will be more admins running unsupported systems.

my $0.02

Re:Anyone who knows about stock markets...

[pete6677]

At the same time, new consulting opportunities will come up for support and/or migration of SCO systems once the company has folded. There are a lot of legacy systems out there running UnixWare, and there would likely be a decent-sized market for support.

Re:Anyone who knows about stock markets...

[vsprintf]

Can't we just shoot them and put them out of everyone's missery?

Well, if there's missery, you didn't hit them, so no.

Re:Anyone who knows about stock markets...

[LongShort1]

They're dead, they just don't know it yet. Go to the light, SCO, go to the light.

And the shareholders?

[Colin Smith]

They don't think it's time to start making profit the primary motive for the operation?

Re:And the shareholders?

[Dukael_Mikakis]

In a public company Shareholder value (or profit) is basically always the primary motivation (which one of the reasons why some worried Google would lose its cachet after going public). Investors tend to be very fickle with their cash.

That why SCO's been trying to do the things they've been doing.

Re:And the shareholders?

[Tenebrious1]

They don't think it's time to start making profit the primary motive for the operation?

Huh? Any shareholders who actually care about the company bailed a long time ago. The only ones holding stock now are day traders who hope to make a profit on the daily flucuations that come about every time the company makes the headlines.

Re:And the shareholders?

[T-Ranger]

If they are holding stock, then they arn't daytraders.

Wow...

[BlueCollarCamel]

Shocker!

I think..

[ExtraT]

The evil penguin did it!

Mua-ha-ha-ha-haaaa!

Re:I think..

[ArielMT]

"One by one the penguins steal my sanity" has to be a thought ringing through Mr. McBride's mind.

Yeah, that's it

[smooth wombat]

primarily due to continued competitive pressures on the Company's UNIX products and services.

That must be it. After all, that horde of lawyers and getting shot down at every turn in court isn't costing you a dime.

Re:Yeah, that's it

[TheViffer]

Not when Micro$oft is footing the legal bill ....

Re:Yeah, that's it

[RealProgrammer]

Actually, their statement is accurate, as far as it goes.

For this quarter, the decreased revenue is primarily due to a shinking market for commercial Unix. Their long term prospects for increasing Unix revenue have been effectively squelched by the lawsuits.

But their decreased cash position is due to paying lawyers.

Re:Yeah, that's it

[professionalfurryele]

When a large portion of the development community are bordering on cheering your continuing demise, you have probably done something wrong.
I know there are bad implications when a company goes down, but SCO is causing so much damage with it's crazy lawsuits to companies and nations alike that I think it's best all round if they lie down and die.
Oh and whoever it was who thought "I've got a good idea, instead of changing our business model and trying to make a living in the emerging market, lets sue everything in sight when we have no case what so ever and then go down the pan costing ourselves, our employee, our shareholders, peoples who pensions funds invested in our stock and just about anyone thinking of using Linux a royally bad time" needs to be found, and gently reminded that sueing customers is almost always a really bad idea, and is always a bad idea when you have no case what-so-ever.

Re:Yeah, that's it

[wtarreau]

the decreased revenue is primarily due to a shinking market for commercial Unix

But this is not due to the pressure, it's due to the fact that people don't want anymore to use this crappy OS. Unixware is the most buggy piece of software on earth, and it's the OS that disgusts students from unix in general for the rest of their lives. When bugs are not fixed after years, you have to hex-edit the binaries yourself to fix them by hand ! What to say next ? Unixware, problems, bugs, even search engines will not index those words together anymore as they're everywhere on the net...

I will be glad when they're dead and nobody will care anymore about this awful OS.

Re:Yeah, that's it

[Spy der Mann]

Dude, you hit reply on the WRONG topic! This is about SCO, not the german nuke. Mod parent down, please (-1, Careless).

9 *million*?

[ecklesweb]

How in the WORLD did SCO manage to sell 9 *million* dollars in software? That says to me you could have a monkey on the stree selling AOL CDs and rake in a couple million...

Re:9 *million*?

[chris_mahan]

Licenses on continued use for existing installations.

As systems get migrated to [insert OS of choice] their revenue stream will decline slowly over time.

Re:9 *million*?

[matt me]

old news. did you miss the article on AOL's chimp marketting scheme on boingboing last month? they found apes connected better to their target customers.

Re:9 *million*?

[Secrity]

There are companies; including Wal-Mart and possibly McDonald's, that still use SCO Unix. I would imagine that SCO is making money by selling upgrades and support contracts to these existing customers.

Re:9 *million*?

[sfjoe]

You actually could. Of course, you'd need a big marketing budget. As the old saying says: with enough of a budget, you can sell dead cats to the health department.

Re:9 *million*?

[eunos94]

Keep in mind that when you receive $1 million for a service contract, you don't recognize $1 million in revenue. You space it out over the contract length (ex: 10 years) and show it as revenue in tiny portions (ex: $100,000 per year). So this is probably cash they received *long* ago that is still being recognized as earned revenue in the period that it is allocated. I doubt there is a whole lot of *new* money coming in.

Re:9 *million*?

[JediTrainer]

Sadly, the company I work for still has a handful of SCO servers in our server room (fortunately I'm not responsible for any of them). We've been replacing what we could, but it's quite the project to migrate our legacy mission-critical systems (which have been running fine) to Linux.

At least from us, they are still getting something. But it's getting less and less with every passing quarter, I would think. The main reason to migrate off the platform, ethical issues aside, is the concern about the future of SCO and continued availability of support for these systems.

Re:9 *million*?

[2names]

HA!

An African or a Europeon Monkey?

Re:9 *million*?

[pyrrhonist]

That says to me you could have a monkey on the stree selling AOL CDs and rake in a couple million...

Great idea!

Re:9 *million*?

[hurfy]

Pretty much.

A few companies sell sco unix as part of their software/hardware package. Our accounting system came on a Ibm box with SCO unix (forget whcih flavor). They are still being sold although these guys only sell a handful a year, there must be more like em.

I did happen to ask what happens if SCO evaporates. It sounded like they would leave it run as long as possible. We dont actually touch the unix stuff its all in the other software. It could probably run forever. If our cost would go down because they no longer pay a license fee is another story probably.

Re:9 *million*?

[idonthack]

That says to me you could have a monkey on the stree selling AOL CDs and rake in a couple million...

If the monkey were on a tree, how would customers reach it?

Except he's not on a tree, he's on a stree.

Re:9 *million*?

[lcsjk]

An African or a Europeon Monkey?

Only the

• Europeon

monkeys live in the

• strees.

This thread is swinging by a rope already!

Man!, I've got to work on my HTML. Those underlines sure came out funny!

Re:9 *million*?

[2names]

Sometimes my spelling really sucks. Sorry.

You gotta laugh at the MP reference though, right?

"But the African monkey isn't my - grate - er - y, is it?"

Re:9 *million*?

[lcsjk]

Well, without your spelling, this thread would have stopped earlier. My html knowledge is even worse though. It was funny to me when it came out with bullets instead of underlines.

My-grate-er-y

That's good! One word; two sentences.

Down with SCO

[Anonymous Coward]

Can we drop the SCO thing yet... This is like standing on the side lines watching someone get beat to death by an angry mob and cheering for more blood.

Re:Down with SCO

[danknight]

not that thats a *Bad* thing

Re:Down with SCO

[Erebus]

More blood!

Re:Down with SCO

[Stop Error]

Can we drop the SCO thing yet... This is like standing on the side lines watching someone get beat to death by an angry mob and cheering for more blood.

You make that sound like a bad thing?

Re:Down with SCO

[korbin_dallas]

Yeah but you forgot the part where the 'someone' stole 4 wallets and a purse, and the crowd called the cops, but before they could get there, the 'someone' spit on the biggest, meanest LongShoreman around...

Its called reaping the whirlwind.

"Cause and effect, my love."

Re:Down with SCO

[eric_brissette]

Can we drop the SCO thing yet... This is like standing on the side lines watching someone get beat to death by an angry mob and cheering for more blood.

Sounds like fun to me *does guillotine chopping gesture*

Present tense

[HangingChad]

They're dead, Jim.

Re:Present tense

[Shadow Wrought]

They're dead, Jim.

You grab the code, I'll get the servers.

Re:Present tense

[EMH_Mark3]

Yes, but has netcraft confirmed it?

Re:Present tense

[TykeClone]

You grab the code, I'll get the servers.

Don't you know that the contest now becomes who can leave the building with the most copper wire?

Re:Present tense

[jtwJGuevara]

Pretty much dead at least.

Just look at their three year stock price: http://quote.morningstar.com/Quote.html?Ticker=SCO X&TimeFrame=Y3#PriceGraph

The hump in the middle is pretty much indicative of speculative traders reckoning that SCO may have had an outside shot in winning the lawsuit vs. IBM. Of course, since that stock price has come back down to earth it shows that those traders have actually gained a little bit of common sense. Although in reality, $4.10 is way overpriced for this company, considering they turned a profit in exactly one out of six years since being traded publicly: http://quicktake.morningstar.com/Stock/Income10.as p?Country=USA&Symbol=SCOX&stocktab=finance

No investor in their right mind would touch this company.

Re:Present tense

[Shadow Wrought]

I should have, a friend actually bought an engagement ring through the recovery of copper wire from a defunct factory;-)

Re:Present tense

[Adult film producer]

Indeed, doesn't take much for it add up real quick. My father just recently traded in over 5 tons of copper, at $1.27 lb iirc. Doesn't need it now, his retirement package is beautiful but it's a nice perk to have extra cash like that.

Re:Present tense

[Master of Transhuman]

Oh, right, I let you have valuable hardware, while I get stuck with useless obsolete code!

No thanks, pal! We split the servers; I get the secretaries; you get McBride!

Re:Present tense

[d34thm0nk3y]

Trollbot strikes again!

Note to moderators: This is what the "troll" modifier is actually supposed to be used for (as opposed to modding down people you don't agree with).

Re:Present tense

[rainman_bc]

No investor in their right mind would touch this company.

If I was cleared to short sell stock, I would short sell tonnes of it. Does that put me out of my mind?

Not all investors play the upswings you know.

Re:Present tense

[poopdeville]

Unless you know somethine we don't, selling short on a dying company is a bad idea. Everyone who thinks they're clever would be trying the same idea. People buying stock for this purpose are going to artificially inflate the cost, delaying the descent you're waiting for, thus screwing you out of interest on the stocks you borrowed -- if you even wait it out.

Re:Present tense

[Just Some Guy]

You grab the code

tar cvzf sco.tar.gz /usr/src/linux

Cheers,
Darl

Re:Present tense

[Jtheletter]

You grab the code, I'll get the servers.

You grab the ankles and I'll grab the wrists!
You get the eggrolls and I'll grab the rice!
You get the moil and we'll have a bris!
You're comin down to this-ah!

You'll have to pardon that random soul coughing moment. I couldn't resist. ;P

Re:Present tense

[v1]

grab the code? but we wrote it!

Re:Present tense

[d34thm0nk3y]

Somebody is copying highly modded posts from other articles and posting them in unrelated articles.

....not sure why......

Re:Present tense

[surprise_audit]

Wait a minute - aren't SCO claiming we've already grabbed their code??

Re:Present tense

[Michael Hunt]

I will lash out dancing like a madman when you're gone! I will spit the blue flame and hurl my glass against the wall!

Mr Bitterness is arguably more apropos a soul coughing reference for a story about SCO.

Re:Present tense

[da]

dropping like a broken space elevator

Correct me if I'm wrong, but wouldn't a broken space elevator just float..?

Re:Present tense

[Xiaran]

If its geosync tethering asteriod was detached then no. The planet would keep spinning and frition would cause the elevator proper to start slowing down. Thus it would proceed to wrap itself around the planet at quite a high velocity.

Ref: Red Mars by Kim Stanley Robinson.

Re:Present tense

[jtwJGuevara]

Note that I said "investor"... not "trader" or "speculator". I'm speaking of investing in a company's stock, not betting on its day-to-day performance.

And yes, not all investors buy stock on upswings... I certainly don't. But there's a difference in buying the stock of a healthy company that's cheap because it's being unappreciated by the market, therefore making it a bargain, and buying a stock at a historically low price because that low price is indicative how poorly that company is performing. In SCO's case, would you really buy a stock that hasn't made a profit in five out of the last six years and also isn't paying a dividend?

So much for standing out against Linux

[sheepoo]

The ZEROTH Commandment: Thy shall not stand against the Penguin :):)

Re:So much for standing out against Linux

[srw]

That should be "_Thou_ shall not..." (or, possibly, "Thou shalt.." but I'm not sure on the difference between shall and shalt.) "Thy" is a singular form of "Your" and "Thou" is a singular form of "You."

For more info: http://en.wikipedia.org/wiki/Thou

Re:So much for standing out against Linux

[srw]

Dang, I put [Grammar Nazi] tags around that, but slashdot stripped them.

In any case, here's the deal on shall and shalt... "Shalt" is present second person singular. "Shall" is present first or second person singular, so either would be correct in the GP statement.

[/Grammar Nazi]

Patents to the rescue?

[null etc.]

The decrease in revenue was "...primarily due to continued competitive pressures on the Company's UNIX products and services.

This is just the kind of crap that will happen when you take away a company's ability to innovate using patents and patent infringement lawsuits.

For those of you who are uninformed, that was a sarcastic statement.

Make my day. Mod this as Score:5, Insightful

Just one question...

[John Seminal]

SCO announced it's second quarter results Wedensday. Their net loss came in at just under $2 million. Revenue was $9.2 million (down from $10.1 million in the same quarter of the prior year).

How much did they pay their CEO, President, and all VP's? If they were not there, would that have made the company profitable?

Suprisingly, this is how most CEO's think about the workforce. Look at motorola when they laid off 11,000 workers. Then the board decided to reward the CEO with a multi million dollar bonus for his hard work.

Does SCO really need all those executives? I don't think so. If you ask me, it is the workers that are responsible for building a company, not the executives. There should be worker protection laws.

Re:Just one question...

[A Commentor]

It's public information. From yahoo

Mr. Darl C. McBride , 45 Chief Exec. Officer, Pres $ 986.00K N/A
Mr. Robert K. Bench , 55 Acting VP of Corp. Devel. $ 189.00K N/A
Mr. Bert B. Young , 50 Chief Financial Officer and Principal Accounting Officer N/A N/A
Mr. Scott Lemon , Chief Technologist N/A N/A
Mr. Ryan E. Tibbitts , 48 VP, Corp. Sec. and Gen. Counsel $ 58.00K N/A

Not sure why they don't list the CFO or CTO salary. This is the yearly salary, so for the quarter, it looks like it would have saved about $300,000 in cost. Thus, they still would have had a large loss.

Re:Just one question...

[FauxPasIII]

> If you really believe there should be "worker protection laws," go live in socialist Europe

In "socialist Europe", or at least in many of the countries therein, there is vastly less violent crime,
much, MUCH higher income mobility, many countries have standard 6 week paid vacation per year, 1 year
paid maternity leave, education, health care, and unemployment benefits all covered, and they pay much
less per capita for these services than we USians do. They also receive better QUALITY health care than
US citizens do.

Just F.Y.I.

Re:Just one question...

[MightyMartian]

Does SCO really need all those executives? I don't think so. If you ask me, it is the workers that are responsible for building a company, not the executives. There should be worker protection laws.

It's not as if SCO is actually doing anything any more. I mean, what do they need? A couple of guys to keep the network going, a janitor to clean up the vomit and the bloodstains, and two floors of lawyers. Oh yeah, they've got to give O'Hare some cash for whoring her journalistic principals.

I really want these guys to hang on. I want them to stay alive until the judge says "No merit, you don't own Unix, there's no SCO-owned code in Linux, please surrender yourselves to the Federal agents at the door for suspicion of stock fraud."

Re:Just one question...

[erlenic]

Don't forget the double digit unemployment rates.

Re:Just one question...

[WhiplashII]

So why don't you move there? (Not as in "get out of my country, ya rat", but as in "what makes the US better in spite of those effects?") Having lived in the US, Europe, and the Far East I have to say that I think the US has the propper priorities, for the most part.

For one thing, a lot of what happens in Europe is not sustainable. It is quite obvious to the most casual observer ;-} that Europe is still run by aristocrats - except now they say that they are not aristocrats, and they give everyone money to keep them happy. Thing is, they get that money from somewhere - and a lot of it comes from the US and immigrants.

Very soon Europe is going to have a revolution (probably a muslim revolution looks like) where those that have to work for their livelihood will rebel against the governments that redistribute their income. That one will be nasty - and I recommend we stay out of it... because the imigrants will win.

Re:Just one question...

[FauxPasIII]

> So why don't you move there?

-shrug- I was born here. I love this country, even when it is doing things I think are wrong. All my family is here.
I'd rather stay here and try to help be a positive force for change than to just flee. At least for now.

Re:Just one question...

[Dr. GeneMachine]

Aristocrats? Revolution looming on the horizon? Money from the US? What bizarro version of Europe have you been living in? Was it by chance located in Disneyland?

Re:Just one question...

[dreadknought]

the east wing of Disneyland, perhaps?

Re:Just one question...

[FauxPasIII]

> It truely is the best nation on earth.

<rhetorical>
Why do so many people think that suggesting ways to make your country better means that you hate it?
</rhetorical>

Re:Just one question...

[Alien Being]

"The US is a capitalist country."

Only to the degree that "we the people" allow it to be. You think you can ride roughshod over poor working stiffs? Think again. Labor unions will rise up and crush you. It's their right.

All I'm really saying here, is "fuck off, troll".

Re:Just one question...

[aprilsound]

"Look at motorola when they laid off 11,000 workers. Then the board decided to reward the CEO with a multi million dollar bonus for his hard work."

Lets see, 11,000 employees...
Suppose they only make $30k a year...
Thats $330 million
Minus one CEO bonus...(Of what? 5 million?)
=$325 million
So they could have kept less than 200 employees for that amount.
Not saying they shouldn't have, but for the remaining 10,800, it wouldn't feel much better would it?

Re:Just one question...

[windex]

Mr. Darl C. McBride , 45 Chief Exec. Officer, Pres $ 986.00K N/A

That works out to $986,000. That's almost a million of it right there. Not sure where you're getting $300,000 total, the K at the end means 'thousands'. The decmial place is just there so you can say like, 11.20K for 11,200.

Re:Just one question...

[ultranova]

For one thing, a lot of what happens in Europe is not sustainable.

It has been sustained since WWII.

It is quite obvious to the most casual observer ;-} that Europe is still run by aristocrats - except now they say that they are not aristocrats, and they give everyone money to keep them happy.

In social-democratic Europe, the elite pays the people to buy popular support. In pseudo-capitalist America, the elite pays the politicians to buy laws.

I happen to like European model more, but that's because I'm the one getting the bribes here ;).

Thing is, they get that money from somewhere - and a lot of it comes from the US and immigrants.

Um, no. They get it from the taxes. Immigrants, being mostly escapees fleeing from tyrannies, cost money, not contribute it.

Perhaps you are thinking the Marshall aid, paid by the US after World War II ?

Very soon Europe is going to have a revolution (probably a muslim revolution looks like) where those that have to work for their livelihood will rebel against the governments that redistribute their income. That one will be nasty - and I recommend we stay out of it... because the imigrants will win.

Of course, since the rest of us are simply going to stand by and watch as muslims take over and send us back to dark ages.

I, for one, like the left-leaning society I'm living in. I like the government paying for my education (and that of my children, of course), I like the government ensuring that the electric grid has enough capacity to completely avoid brownouts, and I like the general stability which comes with small income differences.

And I will fight for it to the dying breath of its enemies.

Re:Just one question...

[WhiplashII]

Does Disneyland have a Europe thingy? I guess I should visit more often...

You don't see a revolution in Europes future? Please read this report on the problems Europe is facing. An excerp: ...Germany, similar to France, faces major transitions in the nation's demographic structure and its workforce demands and, therefore, started to consider new concepts expected to alleviate negative effects of aging and workforce decline through liberalized, labor-based immigration provisions.

Read closely - Germany and France do not have enough money to pay the current retirement benefits, so they are getting immigrant labor to support them (mostly muslims, I understand). How long would you work under those conditions, before you revolted?

This took me only seconds to find - just look around!

Re:Just one question...

[GraZZ]

SCO just issued a *QUARTERLY* report.

About $300,000 is what D. McB makes *QUARTERLY*.

*QUARTERLY*

Re:Just one question...

[WhiplashII]

I happen to like European model more, but that's because I'm the one getting the bribes here ;).

That really says it all ;-}

Really, the reason I like the US system better is that the European system moves toward stagnation, while the US leans toward advancement. That way, although the rich have more stuff - if you wait 20 years, the poor have that stuff too! (For example: cars, computers, airplane trips, etc.) I'm afraid that if the European government was the only one on the planet, advancement would stop. As it is, most advancement happens in the US, Japan, and soon China - and the Europeans seem to only get the trickle downs.

Immigrants, being mostly escapees fleeing from tyrannies, cost money, not contribute it.

That may be what your media tells you, but it is not what the government says it is doing. (Please read this report, or at least my excerp in an above post) They really are bringing in immigrants to pay for the welfare or pensions of everyone else. How long do you think the immigrants will do that, once they figure out that there won't be anyone to pay for their retirement?

Re:Just one question...

[WhiplashII]

Oh, one more thing - I just wanted to point out that Europe is a big place (just like the US, for that matter), and my comments do not apply to all of it. My comments mostly apply to Germany and France, and probably least apply to the United Kingdom (still a large place).

Of course, Canada has got to go ;-}

(Why does is seem like everyone in Canada has the worlds biggest Canadian flag out in front? ;-} )

Re:Just one question...

[Aerion]

Oh, it's more than $986K/yr.

Don't forget the bonuses.
You know, the huge bonuses that can total several times the officer's salary and not actually count as part of his salary?

Re:Just one question...

[FuzzyBad-Mofo]

Funny how the nation's largest retailer gets away with treating their employees like shit, eh?

Re:Just one question...

[jci]

CFO and CTO could be on those "take no salary" type things.

Re:Just one question...

[mattcasters]

Because the average person in Europe is getting older, it's a good strategy to bring in immigrants.
However, there are lots of signs of stabalising demographics, so the answer to your last question is: their/our children ofcourse.

Do you know the amount of money that's on average on a Europeans savings account? In Belgium, the last number I heard quoted was in excess of $US100.000.
Think about that and take a look at the US deficit before drawing doom scenarios for Europe.

Sad to see all this Euro-bashing FUD going on. I like living here. What you call stagnation, most people around here would call stability. In fact, a lot of people in Europe believe at this very moment, that things are evolving too fast and would opt for less change.

Peace, Matt.

Re:Just one question...

[Citizen of Earth]

Suprisingly, this is how most CEO's think about the workforce. Look at motorola when they laid off 11,000 workers. Then the board decided to reward the CEO with a multi million dollar bonus for his hard work.

Correct me if I'm wrong, but if these 11,000 workers were paid an average of $50,000 per year, then the company has reduced costs by $550M per year. While I don't think it takes a great deal of 'leadership' to fire people, one shot of a few million dollars is much less than the cost savings.

Re:Just one question...

[Alien Being]

Give it time. Henry Ford also thought that he could bust the unions. He lost.

Re:Just one question...

[vertinox]

Read closely - Germany and France do not have enough money to pay the current retirement benefits, so they are getting immigrant labor to support them (mostly muslims, I understand). How long would you work under those conditions, before you revolted?

How long would it before the far right used that revolt as an exscuse to seize control of the nation and send those muslims packing? The NDP is actually becoming a legitimate party in Germany and have seats in Dresden.

This would be more of a problem for the US than immigration ever was.

A far right Europe would be less friendly with the US mind you and more open to diplomatic hostility.

Not that they like to wave around Imperial Germany flags for no reason mind you.

Re:Just one question...

[Zangief]

*QUARTERLY*

(I like how it sounds)

Re:Just one question...

[KingBahamut]

At least hes not like Johnny Depp, I have to give FauxPas credit there. Positive motivating change in his mind rather than moving to France and feeling he's of a mind that America just about sucks right now.

Re:Just one question...

[WhiplashII]

Agreed - either way, it is a problem. My main point is that the situation is unstable - so pinning your hopes there is a bad idea.

Re:Just one question...

[WhiplashII]

The immigrants will stop having kids just like the nonimigrants did - you are just pushing the problem out a few years, while giving power to a third party.

As for the USA and Rome - nothing lasts forever. I would have agreed more before 9/11 - that event extended the USA "empire" for another century or so, probably. Though honestly, I don't think Rome is the most recent model - probably the fall of France is more applicable. (Although the US is a military power, most people don't want to overcome the US militarily - the want to overcome it technologically and socially). I guess we're doomed to become arrogant bastards!

Re:Just one question...

[WhiplashII]

POKE 53280,0

POKE 53281,0

Ah, those were the days!

loop:
inc [53280]
inc [53281]
jmp loop

Re:huh

[hydroxy]

that would be revenue change... which is not net loss. It means they took in 9.2 but spent ~11.2 mil. *this quarter*

*sniff* I'll lend them a tenner

[tod_miller]

What you have to realise is, they have dropped revenue by almost 10%, and the BULK of the fallout from their manic activities probably won't hit them until the next product upgrade cycle, and then they will vanish like a planet making way for a hyper-galactic-express route.

SCO: Mostly Harmless.

They are burning more in legal costs than R&D and their business strategy relies on legal proceedings. Plus, they are trying to sell muddy water to atlantians.

Dear SCO,

I feel sorry for you, we gave you a pittance, used you for our queer games, and now we gleefully laugh as you slide beneath the rock whence you came,

Billy G, Microsoft Lead Badass and his monkey friend.

Says it all!

fr0st po$7

[jerald_hams]

Those numbers are so small...my parents run a small computer schoool that pulls in ~ $3 million a year. After taxes and expenses there's really not much left. SCO really *is* dying...they're spending millions on the IBM case, and that's really all the money they have.
I wonder if some the delay in the lawsuit is due to IBM...the longer this case drags out, the less chance SCO has to survive to the end.

Re:fr0st po$7

[Calyth]

Of course. It's not like SCO can win IBM at anything, including the lawyer game. IBM just hardwired SCO's suicide booth to slow-and-painful.

suing customers

[Xtifr]

I'm sure their habit of suing their own customers has greatly helped their position in the market as well. I know that I always prefer to buy things from someone who'll sue me for having bought it later. And while I'm at it, can I get one of those new cars with the bear trap built into the accelerator pedal? :)

Re:suing customers

[Dukael_Mikakis]

It seems so obvious, doesn't it? Don't sue the people who pay your bills.

The problem is that too often public companies, especially ones that aren't doing well, end up having to resort to short-term moneymaking schemes to meet their earnings (so that they have a chance to sell more stock and raise more funds).

SCO's short-sighted profit-boosting measures should have been (and likely were) regarded as signs of a company that was (well, is) in serious trouble.

Re:suing customers

[ari_j]

Anyone who's ever been the plaintiff in a lawsuit knows that it's not a "short-term moneymaking scheme." Watch the movie A Civil Action to see what life is like for the majority of plaintiffs and their lawyers. It's not short-term and it's not often moneymaking.

Re:suing customers

[drhamad]

It seems so obvious, doesn't it? Don't sue the people who pay your bills.

Unless you have a monopoly (or group who collectively has a monopoly) in your market (See: RIAA, MPAA)

Re:suing customers

[ari_j]

A group that collectively comprises a monopoly is called a cartel. I think the term applies fairly to the RIAA and MPAA.

Re:suing customers

[OwlWhacker]

I'm sure their habit of suing their own customers has greatly helped their position in the market as well.

And don't forget the evil Linux Mob !

Rob Enderle predicted that SCO would be triumphant, who's going to take him seriously when he's proved wrong?

I can see why Enderle would write an article blaming 'Mob' practices from Linux and its followers for SCO's poor results. That way it doesn't look so bad when his predictions are proved wrong.

Re:suing customers

[Citizen of Earth]

SCO's short-sighted profit-boosting measures should have been (and likely were) regarded as signs of a company that was (well, is) in serious trouble.

I think the more important point is that SCO definitely was in serious trouble long BEFORE it thought about suing IBM and was fully aware of this fact. This actually serves to make decisions easy--do you want to fizzle out into bankruptcy in two years or make a Hail-Mary play funded by Microsoft and Sun and enrich yourself in the process, with only a 96% chance of fizzling out into bankruptcy after the litigation is over.

Things I should do after waking up

[ardor]

Standing up... check
Eating something... check
Taking a shower... check
Read the daily SCO news... check

Re:Things I should do after waking up

[Kyru]

You're clearly addicted to daily SCO news, just wait for my report on this phenomenon to be published in the Times.

Current events, calendar.

[Anonymous Coward]

Here's a list of the some of the current activity of SCO's various court battles.

Quick update: SCO has filed a "report" stating that they will not be filing a motion for a preliminary restraining order against Autozone.

Current events:

• SCOvIBM: Four motions have been briefed, and a hearing was held on 21 May 2005. Judge Kimball is still considering these motions regarding the scheduling order, the motion to narrow the scope of IBM's 9th counterclaim, the motion to depose IBM's CEO, and SCO's motion to file another amended complaint. Discovery continues. Redacted and unsealed motions are dribbling out, with IBM and SCO apparently unable to agree entirely on what will remain sealed. Another discovery battle is shaping up around the issue of privilege logs, though the parties have agreed to consult with each other before making a motion to the court to resolve such disputes.

• SCOvNovell: Judge Kimball has taken Novell's motion to dismiss SCO's amended complaint under advisement, after the 25 May 2005 hearing.

• RedHatvSCO: This case is still completely stayed. However, "if the claims or counterclaims in the pending SCO litigations change, and it would no longer be an inefficient use of judicial resources for this court to consider whether the LINUX system contains any misappropriated UNIX system source code, or if there is evidence that SCO has misrepresented the issues of this case, or the Utah litigation," Red Hat can refile their motion for reconsideration to lift the stay.

• SCOvAutoZone: The "60 days of limited discovery" regarding the preliminary restraining order have ended, and SCO has declined the opportunity to file a motion for a preliminary restraining order. Thus, the matter is stayed "pending further order of the court." In SCO's report to the court regarding the just completed discovery, SCO hints that it may file a motion to lift the stay to pursue claims "based solely on Autozone's migration to Linux," because they claim to have found "extensive copying ... of what SCO believes to be programs containing ... OpenServer code." This matter is unrelated to any copyright infringement action SCO could bring against a general Linux user.

In summary:

• SCOvIBM:
  • Proposed Scheduling Order - fully briefed, awaiting ruling.
  • [IBM Proposal] [SCO Proposal and opposition] [IBM Reply] [Transcript]
• IBM's Motion for Entry of Order Limiting Scope of IBM's Ninth Counterclaim - fully briefed, awaiting ruling.
  • [Motion] [Opposition - sealed] [Reply - redacted] [Transcript]
• SCO's Motion to Compel IBM to Produce Samuel J. Palmisano for Deposition - fully briefed, awaiting ruling.
  • [Motion] [Opposition - redacted] [Reply - sealed] [Transcript]
• SCO's Motion for Leave to File 3rd Amended Complaint - fully briefed, awaiting ruling.
  • [Motion - sea

Re:Current events, calendar.

[Locke2005]

Executive summary: SCO's crack team of lawyers (or should that be "lawyers on crack"?) still haven't won a damn thing!

Re:Current events, calendar.

[eyegone]

SCO's crack team of lawyers (or should that be "lawyers on crack"?) still haven't won a damn thing!

Given what they've got to work with, I'd say that SCO's lawyers have done a pretty good job just keeping the balls in the air this long.

Re:Current events, calendar.

[sconeu]

Give credit where creidt is due.

This is lifted from groklaw, where gnuadam posts it.

Re:Current events, calendar.

[gnuadam]

I posted it. Just didn't want to karma whore ;)

Re:Current events, calendar.

[sconeu]

sorry... I just wanted to make sure you got credit

(I post as red floyd on GL).

Re:Current events, calendar.

[inode_buddha]

Hi, guys

Re:Current events, calendar.

[sconeu]

hey, inode, I'll catch you in IRC later. :-)

LOL

[_PimpDaddy7_]

he decrease in revenue was "...primarily due to continued competitive pressures on the Company's UNIX products and services.""

I'm sorry I just can't stop ROTFLMFAO....

Re:LOL

[Paradise Pete]

I'm sorry I just can't stop ROTFLMFAO....

Do you have a keyboard down there?

A little bit beyond dead...

[hydroxy]

IBM is dragging around their corpse in the mud while people point and laugh.

Re:A little bit beyond dead...

[mikael]

"...It's life Jim, but not as we know it..."

Re:huh

[simcop2387]

wrong numbers, those are the revenues of the different years, what you want is to take the revenue and expenses and subtract them to get a $2m loss.

Re:Stock price can reveal plenty

[fimbulvetr]

LNUX != Linux

LNUX == Va Software Corporation (One of the hundreds of companies that sells Linux solutions/support, etc, and only one of the many that has something to do with promoting/contributing to Linux).

What's that whisling I hear?

[pg110404]

Oh wait. It's only the falling expectations of all them SCO investors.

SCO has a strong Plan of Action

[WillAffleckUW]

1. Steal code from open source and pretend it's theirs.
2. Sue open source. ...
4. Profit!

Ok, so it's the same as the Gnomes Underwear Plan on South Park, but it's TWICE as EFFECTIVE!

0 x 2 = 0

Re:SCO has a strong Plan of Action

[suitepotato]

This is similar to Steven Wright's joke that he tried using his car key to unlock his house and it started up so he took it for a spin. Then he parked it on the highway and told everyone to get the hell off his driveway. Of course, Wright was joking. SCO seemed to think this sort of thing could work which is hugely bizarre.

Re:SCO has a strong Plan of Action

[Radres]

Anyone else remember that the Gnomes' Underwear Plan only had 3 steps? 1) Collect Underpants 2) ? 3) Profit

Re:SCO has a strong Plan of Action

[FidelCatsro]

1: get on SCO board
2: Start up silly law suit which you know will bankrupt the company most likely , but if you win your sorted anyway
3: embezzle all the cash you can whilst driving the company into the ground
4: lose lawsuit and declair bankrupcy
5: run away profit in hand and laugh

All your *nix are belong to us.

[ArielMT]

From the announcement: "The decrease in revenue in the second quarter of fiscal year 2005 from the comparable quarter of the prior year was primarily due to continued competitive pressures on the Company's UNIX products and services."

In other words, "We lost money because of our neverending, frivolous lawsuit against IBM."

well, they earned it

[brickballs]

"Their net loss came in at just under $2 million."

And they earned every penny of it.

Cymphonix

[whoever57]

The SCO Group's deal with Cymphonix is an interesting one. Cymphonix apparently sells a Linux based appliance, using Squid, Netfilter, etc.

Especially of interest here is the use of Netfilter by Cymphonix, given Harald Welte involvement in both Netfilter and in the in dealing with GPL violations.

To add to the fun, it even appears that Cymphonix is either using or preparing to use 2.6.x versions of Linux.

Re:huh

[hydroxy]

9.2(made) - 11.2(spent) = -2

Re:Before it gets slashdotted...

[bcmm]

C'mon, it's not even slowing down yet!

Slashdotters with the math skills...

[benjamindees]

Does this really mean they're running a "net loss" of $2 millon? Or, does it mean the "net loss in revenue" between quarters was ~$2 million?

Hey Darl, more fraud? Correction needed maybe?

[Anonymous Coward]

About SCO

The SCO Group, Inc. (Nasdaq: SCOX) helps millions of customers to grow their businesses everyday.

Millions of customers? Is this still in their SEC filings? Isn't there a duty for public-traded companies to be truthful?

Million(s) of customers implies at least two million. Are they earning $4.50 per quarter from each customer? $18 per year per customer? What kind of Unix is this that costs $18?

Time to update the SEC filings and news releases, no? Is it necessary to point out something like this, to give notice, before a company can be charged with defrauding investors?

Time to fess up, Darl. Does SCO really have two million or more customers on $9,258,000 quarterly revenue?

How about: The SCO Group, Inc. (Nasdaq: SCOX) helps hundreds of customers to grow their businesses everyday!

Re:Hey Darl, more fraud? Correction needed maybe?

[wikthemighty]

Maybe it's the millions of people apparently using their code, that will at some point be sued for using it... (their interpretation of "helping customers")

Re:Before it gets slashdotted...

[OctoberSky]

I love the casualness of the "F-bomb" internet text. "Here's the text of TFA" censored translation... "Here's the text of The Fxxking Article" So casual. But on the other hand no one would know what the OP was talking about if he put "...text of TA" And it might be tough to condone the switch from TFA to TA, since all your really doing is getting everyones minds off Fxxking and onto Tits and Ass.

Revenue.

[lightray]

No: paying lawyers will not decrease your revenue. Revenue is total funds taken in, without subtracting expenses.

Re:Revenue.

[bckrispi]

Well, if your expendatures that normally generate the revenue (R&D, Marketing, Sales), are instead going to pay off your lawyers, this can have an impact. Footing huge legal bills does nothing to increase or maintain revenue. Making and marketing a product people *want*, does.

Re:SCO dumps Trolltech stock?

[Just Some Guy]

It's OK, folks: I'll handle this one.

If you've been avoiding KDE because of who owns their stock, then you're a jackass. I'll bet some rather unsavory people own stock in lots of other companies you actually spend money with, so where does this bizarro unreachable standard for Trolltech come from?

Profitable Business Plan?

[Greyfox]

It seems like there are still a couple of companies out there that still use SCO software. I'm wondering if it would be profitable to start a consulting firm specializing in moving your proprietary in-house software to other UNIX platforms. Those folks should be starting to get nervous about their platform of choice still being around this time next year...

Re:Profitable Business Plan?

[MightyMartian]

Perhaps I can start a support group website for all the braindamaged investors who actually thought that SCO could get a licensing fee from each install of Linux. Or maybe I could just sell these chumps the Brooklyn Bridge and the iron from the Eiffel Tower.

Re:Profitable Business Plan?

[XSforMe]

maybe I could just sell these chumps the Brooklyn Bridge and the iron from the Eiffel Tower.
Darl? Is that you?

Re:Profitable Business Plan?

[Bad D.N.A.]

My Company (~5k) uses SCO. XP is on my desktop and each and every morning I dutifully SSH to my linux box to do my real work. Of course all of my X is handled by SCO's vision/Xvision. I don't like it but I don't make the rules.

Yay!

[starrsoft]

Yay!

Re:Yay!

[starrsoft]

I think you posted to the wrong thread.

Re:Yeah, we know.

[FatAlb3rt]

...then why didn't you submit the story?

What a rube!

[spun]

Capitalist, indeed. The US is a socialist country, it's just that the handouts go to the wealthy. In Europe at least the tax dollars generally go towards things that benefit the common person. The ruling class here has you fooled into thinking that their interests are your interests, and that anyone can become what they are through hard work when a large part of the socialist system in the US is specifically designed to raise the barrier of entry in most major markets so high that common people can't compete. You are paying for your own shackles and telling everyone that shackles are helpful, comfy, and we should all be grateful to have the opportunity to wear them.

Re:What a rube!

[WhiplashII]

2 things - first, 60% of the taxes come from the 2% most wealthy. Don't you think if the wealthy were really in charge it would make more sense to eliminate the middleman, and just keep that money and tax only the poor?

Second, if you don't want the wealthy to have most of the power, don't have them pay most of the taxes! "He who pays the bills makes the final decision." Additionally, by taxing the rich so heavily it incentivizes the rich to meddle in politics - even if they would leave it alone under normal circumstances.

Re:What a rube!

[drgonzo59]

It is also a problem with the culture of work, inherited from the puritans. Here "all work and no play make Jack a happy boy (because he is on prozac) " Only 3 or 4 weeks of vacation per year with only half hour lunches. If you even dare to take a year off to travel or do whatever, have fun explaining that gap on your resume to a new employer. You are immediatly seen as 'lazy' and someone who works day and night will get your position.

There is a hidden obsession with money and material posessions here, I think more so than in other countries. People are told they have the "right to happiness" (a misreading of the right to _persue_ happiness) and god dammit, they will be happy even if it means racking up $100,000 dept buying a Lexus when they only make $20,000 a year. Then they have to slave day in and day out just to make minimum payment each month.

But on the other side, having a %15-%20 percent tax so I can support Jo Schmo next door who is too lazy to work and stays home on welfare, doesn't work either. Socialized medicine is great but when you have to wait a year or two for heart surgery, there is a problem. Slaving all your life to pay the bill might be a better option than having no life at all - it all depends I guess.

Re:What a rube!

[benwb]

That 60% number sounds impressive, until you realize that something like 90% of the wealth in the us belongs that same 2%- proportionally they are being taxed less than the rest of us.

Re:What a rube!

[suresk]

Only 3 - 4 weeks of vacation per year?

What kind of fairy tale land is this? Hell, the most I've ever had is 12 days of combined vacation & sick days - of course, anyone who uses more than half is usually fired. And half hour lunches? Only sales guys get those!

Re:What a rube!

[Seanasy]

60% of the taxes come from the 2% most wealthy

Bullshit!

Don't you think if the wealthy were really in charge it would make more sense to eliminate the middleman, and just keep that money and tax only the poor?

If you don't mind a little revolution now and then... sure, that makes sense.

Second, if you don't want the wealthy to have most of the power, don't have them pay most of the taxes! "He who pays the bills makes the final decision." Additionally, by taxing the rich so heavily it incentivizes the rich to meddle in politics - even if they would leave it alone under normal circumstances.

Yeah, that's the ticket. Because everyone knows that those unscrupulous congressmen are in the pockets of the tax payers.

Little advice: if you're going to play the conservative troll, you get much better reactions if you at least try to put forth realistic arguments.

Re:What a rube!

[SiO2]

Capitalist, indeed. The US is a socialist country, it's just that the handouts go to the wealthy.

Bzzt. Wrong answer. In the U.S. we have this thing called wellfare, which involves handing great piles of cash to millions of lazy ass people who don't want to do anything except squeeze out a load of babies to get more money from the system and leech off of those who work hard for a living.

I wish the fuckers would get their hands out of my wallet. I have my own family to take care of. I should not be forced by my government to take care of somebody else's family.

Sorry for the rant, but that subject really gets me going.

I'm grabbing my gun (if I had one) and going to the wellfare office. BRB.

SiO2

Re:What a rube!

[WhiplashII]

That doesn't matter - what I said still stands. And that is not true, by the way - if you make $200K in an honest job you pay 40% taxes - so you hire someone specifically to represent you for your taxes. This person (your accountant) earns his money by lowering your taxes. By common sense, you would pay up to $80K to lower your tax bill - but the only way to do that is to take control of the government.

If you do not want the rich guys to control the government, don't have the government take their money preferentially to yours. (I'm not arguing morals, I'm arguing engineering cause and effect. It would be nice if we lived in a world where rich people happily gave up their power and influence [money], but it makes more sense to base policies on the world we live in instead.)

Re:What a rube!

[Infonaut]

a large part of the socialist system in the US is specifically designed to raise the barrier of entry in most major markets so high that common people can't compete.

So you're saying that Europe is a better place for entrepreneurs? Is that why we've seen so many world-beating new companies coming out of France and Germany lately?

Re:What a rube!

[spun]

The rich control the government because society has condoned excessive levels of wealth and has not taken steps to see that wealth cannot influence the political process. It has nothing to do with taxation. There is no sane reason why some people should make thousands of times what other productive people make. Dozens, sure. A hundred, maybe. But thousands? Don't try to tell me that people won't be trying there hardest if the highest wage difference was only, say 50x not 5000x. Besides this, the profit motive, when blown out of all proportion, destroys intrinsic motivations. Sure, intrinsic motivations may be inherently selfish, but intelligent selfishness encompasses cooperative behavior as well.

Re:What a rube!

[spun]

I do believe in rewarding excellence, but in proporation and not at the expense of others. We are part of an interconnected system. No one can act at all without impacting others, much as we would like to believe otherwise. The poor are poor because the rich are rich, not because they are lazy. People see that the system does not punish but in fact rewards injustice, and so they act in an unjust way, selfishly taking what they can and contributing a minimal amount. If the system punished unfairness and rewarded cooperative behavior, human behaviour would be a much different thing.

Re:What a rube!

[CrimsonAvenger]

That 60% number sounds impressive, until you realize that something like 90% of the wealth in the us belongs that same 2%- proportionally they are being taxed less than the rest of us.

Umm, no. Wealth, of course, is problematic - we don't tax wealth, we tax income. And for income:

the top 2% make 10.7% of the "adjusted gross income", and pay 21% of the income tax. So they're taxed at about twice the average rate.

Since the other 89.3% of the income is paying 79% of the income taxes, they're paying about 2.2x the rate the rest of us are.

Note - figures from the IRS, as of 2001. Later figures are not yet available, and will no doubt be modified somewhat for later years - the last time the rich got a tax cut, they ended up paying a higher fraction of the income taxes.

Re:What a rube!

[spun]

Idiot. You've baught the propaganda hook, line and sinker. The whole system is designed to support a small class of rich people and you blame the poor. The system creates the poor.

What about all those fat cat CEOs with their hands in your pocket? Big agribusiness that gets huge subsidies, defense contractors selling the government $600 toilet seats, tax breaks for big business. The country's whole infrastructure, which your tax dollar helped pay for, is designed to benefit a small group of wealthy, entitled people disproportionately to the amount they paid for.

You blame the poor guy who has very few options and is maybe at the worst gaming an unfair system, and yet you ignore the fat cat who has you bent over a barrel. Really smart.

Re:What a rube!

[spun]

Would you just lose the myth of the Almighty American entreprenuer please? It isn't serving you or any of us, and it's a myth. The wealthy elite would like you to believe that anyone with a good idea who is willing to work hard can make it here, yet the truth is that the system is designed to screw the small entrprenuer and reward the entrenched players. Before you go yammering witlesly about conditions in other countries you may want to look more closely at the facts. There are plenty of world beating companies coming out of Europe, and in fact America is slipping. International capital owes no allegience to any country.

Re:What a rube!

[LaCosaNostradamus]

Double buzzer for the both of you. Ever hear of "welfare for the rich"? Those are grants, tax credits, outright subsidies, etc. ... and they are collectively about 3 times the size of individual welfare payments in America.

All welfare is a problem ... whether it goes to the rich or the poor, it cultivates an entitlement mentality. Welfare is a morally perilous to the wealthy as it is to some welfare mother.

So, if you're going to take a stand against "welfare", please don't pretend that the biggest welfare queens in America aren't thousands of corporations. We should be dismantling the corporate-welfare system as strenuously as we dismantle the individual one.

Re:What a rube!

[WhiplashII]

I both agree and disagree with you...

I think that a society such as you describe, where income is capped at 50X the average wage, would be stable and enjoyable for all. No such society exists, of course, and I hope you don't think that taxing the rich makes the system more like what you are suggesting.

On the other hand, any limits on income WILL limit what people will aspire to. That means that Bill Gates will not try to improve Windows so much - it is good enough (and he sees added risk with no compensatory benefit). Of course, you can counter by saying that 50X will allow society and the economy to grow "fast enough" - but that is just an opinoin, not a fact. (I would probably agree with you, but that doesn't make it a fact)

Re:What a rube!

[SiO2]

I apologize in advance and take this with a bit of levity.

You're Hyde from "That 70s Show," right?

SiO2

Re:What a rube!

[afabbro]

The US is a socialist country, it's just that the handouts go to the wealthy.

You mean middle class. Social Security, Medicare, etc. are all middle class entitlements, and they are the majority of the federal budget.

Re:What a rube!

[spun]

Yeah, pretty much. Only smarter. And I'm not always in this much of a crappy mood. And I'd never date someone like Jackie, no matter how kinky the whole "Bangin' the rich girl" thing was. Sorry for calling you an idiot, man.

Re:What a rube!

[spun]

Yes, at least one such society does exist. Google for Mondragon, Spain. Back in the 50s, the average CEO here made about 50 times what the average worker made, and at one time the highest tax rate here was 90%. This was at a time when a single average earner could support an entire family. You tell me what happened.

As for growth, it is economic activity that creates growth, not the accumulation of wealth by a small minority. And as far as motivation goes, most people are far more motivated by concepts of fairness, reciprocity, and justice than they are by pure selfish profit. Google for 'reciprocity fairness economic research.'

There are plenty of things that motivate people other than profit, and if you don't understand that, I don't really understand what you are doing hanging around an open source web site.

Re:What a rube!

[SiO2]

Hey, no problem with the idiot thing. I'm a big kid and can take it. Besides, this is slashdot. I take everything with a grain of salt. Thanks for the opposing view, though. Discourse is good.

Even though the character she plays isn't my type, I believe that I would most definitely not kick Mila Kunis out of bed for eating crackers.

SiO2

Re:What a rube!

[A Commentor]

the top 2% make 10.7% of the "adjusted gross income", and pay 21% of the income tax. So they're taxed at about twice the average rate.

Since the other 89.3% of the income is paying 79% of the income taxes, they're paying about 2.2x the rate the rest of us are.

I bet that number doesn't include the other income tax - Social Security. Social Security is another 15% for most workers(half that you don't see because the company pays it for you). If you make under $87k, you/your company pays an extra 15% in SS taxes. But as earnings increase, the amount as a percent of your total income decreases. Someone making $300K is paying less than 5% to SS but everyone making $87K or less is paying 15%. This may be fair if only SS payouts were being funded by SS taxes, but there are surpluses and where is the surplus going? It's going to the general fund to help pay for the war/income tax cuts the benefit the wealthy more.

Also there is double taxation on the SS taxes - Say your making about $50k and pay about $4k in SS taxes (not even considering the extra amount your company pays), your income taxes are still on $50K of earnings even though $4K of it has already been taken out in taxes that you have never seen. The fair amount for the income tax in this case would be $46K. Now Bush is saying that even though you've paid the SS taxes for years (and overpaid), your benefits are going to be majorly cut.

Re:What a rube!

[Citizen of Earth]

That 60% number sounds impressive, until you realize that something like 90% of the wealth in the us belongs that same 2%- proportionally they are being taxed less than the rest of us.

So, what percentage of the jobs in the US are created by this highest 2%? Suppose that you increase taxes on these people to the extent that they move away and take the jobs with them. Is the public better off?

Re:What a rube!

[A Commentor]

Where did you get the 40% number? The highest tax rate is 35% and then it's only on the marginal income, not all of your income. Looking at IRS's tax Rates and putting it into Excel, the working making $200K is only paying an over all income tax rate of just under 27% (also not factoring any deductions they would have).

if you make $200K in an honest job you pay 40% taxes - so you hire someone specifically to represent you for your taxes. This person (your accountant) earns his money by lowering your taxes. By common sense, you would pay up to $80K to lower your tax bill - but the only way to do that is to take control of the government.

So in making that $200K, the government provided you nothing? Umm... Did you drive on public roads to get to your job? Did you get paid in U.S. Currency(instead of live stock)? Did you have to worry about another country coming in, taking your stuff, and killing you? Did you have to worry about someone with a bigger gun taking over your property (and having no legal recourse if they did)? Does it provide a legal framework in which to enter agreements?

There are so many other things that the government does which allows you to make this money because it takes care of the basics that you no longer have to worry about. It is incredibily ignorant to think that the government does not help you in earning your income.

Re:What a rube!

[drgonzo59]

I agree with you on rewarding excellence, but as you say it seems people want their mediocrity rewarded just as much. You're right about interconnectedness of the system, the company makes X ammount of money, a part of it goes to the CEOs and a part goes to the workers. How much does the CEO deserve? 10%? 30? 75? What about workers? Did the CEO do proportionately 30% of all the work? Well it depends, but yeah, I think there is an unfairness, and people don't know between the difference of what they need and what they want

Re:What a rube!

[Moofie]

"There are plenty of world beating companies coming out of Europe"

Yep. Most of them are subsidized by the EU, and have been around for decades.

Where are the entrepreneurial businesses in the EU? Let's go for successful ones that have been started in the last 25 years. Name me, oh, I dunno, five.

Re:What a rube!

[Seraphim_72]

I like your sig

Sera

Re:What a rube!

[WhiplashII]

The tax rates you quoted do not include Social Security (that is a TAX, you and I both know we will get nothing back), State taxes, and self-employment taxes (which are probably applicable, though that would raise the rate beyond 40%)

For the rest, I never said that the government didn't provide nice things - I said that if you don't want rich guys to run the government, don't fund the government almost exclusively by rich guys!

Re:What a rube!

[WhiplashII]

I do understand that such people exist - the primary problem is that leaders (people that can create jobs for other people that end up with a net gain to the economy) are very rare, and such leaders that are primarily motivated by non-money are even rarer! (As another poster put it, we do not pay for things with cows anymore - the same is true of leaders, it is normally more efficient to pay them money than rely on fringe benefits such as prestige, as it opens a wider base).

I know personally several CEOs that fit into the non-money category. But if we limited the leadership positions to those people, we would have to close 90% of the current businesses, so there would be no jobs.

An argument could be made that such people make better CEOs (I personally believe that), but such people are too rare.

Re:What a rube!

[CrimsonAvenger]

I bet that number doesn't include the other income tax - Social Security

Quite true. The IRS doesn't consider SS to be the same as "income tax".

It's more trouble than I want to go through to check the effects of SS on "income taxes" for all brackets. However, one can safely assume that in the top income bracket, SS taxes are effectively 0. And in the bottom bracket, assume they are 7.7% (the part of SS taxes you pay - a similar part is paid by your employer, and can arguably be considered part of your income).

Using that (admittedly imcomplete) basis, the top income earners paid ~25.9% of their income as income taxes, and the bottom income earners (less than $20k per year) paid ~10.5% of their income as income taxes (inclusive of the 7.7% SS taxes).

If you add in the employer contribution of 7.7%, and assume income increases by a like amount, then the bottom income earners paid ~16.9% of their income as income taxes - still considerably less than the top income earners paid.

This may be fair if only SS payouts were being funded by SS taxes, but there are surpluses and where is the surplus going? It's going to the general fund to help pay for the war/income tax cuts the benefit the wealthy more.

And your point is? Hate to say this, but the SS surplus has ALWAYS gone into the General Fund, whether the government was run by Democrats or Republicans. It has gone to the general fund whether taxes were cut on the rich, or raised on the rich.

Remember that Clinton's "surpluses" only existed because SS surpluses were tossed into the General Fund to make up the difference between his expenditures and revenues.

Also there is double taxation on the SS taxes

True enough. and double taxation on gasoline taxes, and alcohol taxes, and tobacco taxes.

There are a great many hidden taxes in the USA that you pay income tax on top of. Theoretically, you can deduct those from your income for tax purposes, but practically it is not possible (do you keep track of how much cigarette taxes you pay in a year? Or gasoline taxes?), so you're double-taxed.

Sorry, but there is nothing unique to SS about double taxation, neither is double taxation a new phenomenon nor an especially evil one.

Nowhere to go but down

[Nytewynd]

SCO is competeting directly against a free version of Unix that is better in almost every way, especially on price.

Unless they have some kind of ingenious plan (which I doubt considering they almost always get sued when they try something new), what do they have left to offer? I guess they have the "support" options for companies too nervous to dive into a Linux environment, but that support is only as good as the company you get it from anyway.

I got to install SCO on a PC back in about 1997. I loved it at the time, mostly because it converted my PC to Unix. Otherwise, I was much happier with either Solaris, AIX or HP-UX. SCO ranked pretty low on the list. Most versions of Linux rank right up near the top of the list now, and also run on a PC. I don't see why people would choose SCO.

Re:Nowhere to go but down

[Secrity]

It's not so much that people are chosing SCO, that decision has already been made; they are choosing not to replace existing SCO based infrastructures. For many large SCO customers conversion from SCO to another Unix or to Linux would involve considerable pain and expense.

No, they're stronger than Slashdot

[NineNine]

No, they're still better off financially than the corporation that owns this web site.

Re:No, they're stronger than Slashdot

[N3WBI3]

Wish I had mod points!

Re:No, they're stronger than Slashdot

[Master of Transhuman]

Yeah, but where's the mindshare? /. has thousands of readers. Who reads Enderle and MoG?

Oh, wait, thousands of /. readers...

Never mind.

Re:No, they're stronger than Slashdot

[sleeper0]

Not really true if you compare quarters, though i am no specific fan of va linux.

Comparing the quarter ending jan 31, 2005 SCOX showed total revenue of $8.9M with a net loss of $3M while LNUX posted total revenue of $9.9M with a net loss of $700k.

The real future of SCOX is probably best laid out in the following excerpt from their 10Q:

"We are unlikely to generate significant revenue from our SCOsource business unless and until we prevail in our SCO Litigation. Additionally, the success of these initiatives may depend on the strength of our intellectual property rights and contractual claims regarding UNIX, including the strength of our claim that unauthorized UNIX source code and derivative works are prevalent in Linux."

Re:No, they're stronger than Slashdot

[Sheepdot]

Ahh, but VA isn't losing nearly as much as they used to. In fact, they lose less every quarter and are poised for a turnaround. It'll be interesting to see if they pull it off.

Re:No, they're stronger than Slashdot

[nacturation]

And for a real laugh.... Amazing how a company which sold commodity hardware with a free operating system was once valued so ridiculously high.

Avaya and SCO

[AlbieWK]

One of my clients uses Avaya Conversant Voice Response Units. The underlying engine is a Unix box running SCO. Avaya announced more than a year ago that they were de-supporting the platform. New platform runs SunOS. Coincidence? I think not.

Re:Avaya and SCO

[Anonymous Coward]

Coincidence? I think not.

No, definitely not. Although I doubt you'll hear anything official about it.

The fact is that almost all of our current products are based on Linux and OSS. All of our VoIP kit runs Linux (except the actual phones). Our VPN kit is based on OpenBSD.

If SCO succeeded in their little crack-fueled crusade against Linux and OSS in general, we'd be pretty thoroughly screwed. But to be honest, no-one I know really sees them as a serious threat . More as an amusing freakshow.

No Boom?

[oGMo]

There was supposed to be an earth-shattering BOOM!

Seriously, when does the "SCO goes down in flames" lightshow begin? How long has it been? And where can I buy front-row seats for the trial where IBM and the judge smacks them around?

From TFA:

[mjuarez]

UNIX Business The Company plans to release SCO OpenServer 6 on June 22, 2005 at an event for SCO's software and hardware partners, customers, and members of the media and analyst community in New York City. SCO OpenServer 6 has been a multi-year, multi-million dollar development effort and is the most significant upgrade in the product's history. The product has been designed to provide customers with increased performance and security enhancements, access to numerous applications, and integrates many popular Open Source technologies. The product has been in active pre-release testing since the beginning of the year with many of the Company's leading SCO OpenServer customers and has been favorably received.

Interesting. It seems they somehow figured out that open source could help their pitiful piece of software. What now? Are they gonna sue themselves? Amazing.

Re:SCO dumps Trolltech stock?

[Just Some Guy]

That's perfectly fine. Me? I like it. However, it's still OK to judge such things on personal taste. :-)

Hypocrite.

[halivar]

Can we drop the SCO thing yet... This is like standing on the side lines watching someone get beat to death by an angry mob and cheering for more blood.

You clicked the "Read more" link, too.

Re:Hypocrite.

[Alsee]

No I didn't.
You can't prove I did it.
Nobody saw me do it.

So Nya!

-

Re:Darl McBride is/was on the board of Trolltech.

[Just Some Guy]

1) GPL.
2) "had" (although I think it was Canopy and not SCO, but I'm too lazy to look it up at the second).
3) Your call.

That only makes one defensible reason among two stupid ones.

From TFA

[amichalo]

About SCO
The SCO Group, Inc. (Nasdaq: SCOX) helps millions of customers to grow
their businesses everyday. Headquartered in Lindon, Utah, SCO has a worldwide
network of thousands of resellers and developers. SCO Global Services
provides reliable localized support and services to partners and customers.
For more information on SCO products and services, visit http://www.sco.com./

Thousands of resellers and developers. Millions of customers. Doesn't sound like the SCO I know...anymore.

it's simple, really...

[Alakaboo]

alt.sco.die.die.die

Re:it's simple, really...

[ravenspear]

I think you meant alt.binaries.pics.private.parts.crushed.sco

SCO who?

[aonaran]

These guys are still in business?

Re:SCO who?

[typical]

They've diversified. Their primary market is now in providing entertainment to Linux geeks. To help keep those hosting costs affordable, groklaw keeps serving out the content for 'em.

If this whole thing was a Microsoft move, it doesn't seem to have gained them much, other than another crushed-competitor notch in Tux's belt. Or on his beak, or whatever.

Alternatively

[Anonymous Coward]

Not only does it mean F'n ____, but it means "Fine."
So, Read The Fine Manual, or The Fine Artical.

Since first encountering the acronym RTFM in the eighties, I've always understood the "F" to stand for "Forgotten"

Re:Before it gets slashdotted...

[Master of Transhuman]

"owner of the UNIX operating system"

Says who? Them?

Bwahahahahahah!!!

"This press release contains forward-looking statements"

Uhm, does this mean it contains their bankruptcy application?

"unforeseen legal costs related to the Company's litigation, the Company's inability to develop new products and services, the Company's inability to release SCO OpenServer 6 on June 22, 2005 and the Company's inability to see its litigation through to its conclusion"

Yeah, I'd say all those are pretty much foregone conclusions...

Anyone who is a banker...

[northcat]

...Can you give me 200 bucks?

Re:Anyone who is a banker...

[vsprintf]

...Can you give me 200 bucks?

Indeed, my DEAR COMR^H^H^H^HFRIEND, I am a very important national bank manager with many extra funds due to the sad death of our beloved dictator who ate all his children. Unfortunately, the minimum amount I can transfer is US $1000. If you send me $500, I will gladly make the transfer in your name, and you may keep ALL THE PROCEEDS. Please keep these informations VERY SECRET and reply only to my VERY SECRET contact address below.

Yours in all trust,
BigInternationalBanker1427@aol.com

Graveyard

[certel]

Serves them right.

Re:SCO dumps Trolltech stock?

[Capt. Beyond]

Yes, Canopy no longer holds any Trolltech shares. Read more about it here. Scott Collins Blog

...integrates many open source technologies?

[kale77in]

Did anyone else catch that in the anouncement...

"SCO OpenServer 6 ... integrates many popular Open Source technologies."

$ shame | less

Pump 'n' Dump SCAM

[rkhalloran]

Looking at postings elsewhere, it seems that the IBM trial is nearing the end of discovery, and the judge has publicly commented that SCO hasn't shown any evidence of infringement by IBM. In the Novell case, SCO can't show that Novell ever signed over the UNIX copyrights, and the Novell board minutes agreeing to the deal specifically mention Novell's retention of said copyrights. IBM has also filed countercharges of patent infringement, etc.

Best guess is that SCOX expected IBM to buy them out for their silence. They didn't expect to actually have to defend their allegations, and they're holding an empty hand to do so. Now they're stalling to try and unload their stock options before the hammer comes down.

Re:Pump 'n' Dump SCAM

[surprise_audit]

So what happens if SCO runs out of cash and can't afford to continue paying lawyers, etc?? Is it possible for the lawsuits to just go away if SCO folds up??

I'm thinking that the Linux community would be best served if there's a clear judgment in our favor. If the lawsuits could just fizzle out because SCO folds, some bonehead might try to resurrect the case somewhere down the line.

Re:Darl McBride is/was on the board of Trolltech.

[Capt. Beyond]

Canopy had a very limited seat on Trolltech's board. He got there from historical reasons. and it wasnt Daryl on the board, it was Ralph Yarro of Canopy.
More information:
http://slashdot.org/comments.pl?cid=11597625&sid=1 38577
and here
http://slashdot.org/comments.pl?cid=8844755&sid=10 3783

My heart fails to bleed

[rewt66]

"Extortioners might become unemployed! Oh, no!" Like, that's a bad thing?

Any employees with any ethics should have seen the handwriting on the wall a long time ago, and should have gotten out by now. What's left is people who are actively or passively supporting extortion.

More admins running unsupported systems... yeah, I guess. On the other hand, they've gotten their notice a couple years ago, too - they are either going to be running unsupported systems (when SCO goes belly up), or they are going to be customers of a company that sues everyone in sight, specifically including their customers (in the remote chance that SCO wins).

In the Bible, in the book of Proverbs, it says, "The wise see trouble coming and hide themselves. The foolish proceed and pay the penalty."

Re:My heart fails to bleed

[Kahless2k]

Any employees with any ethics should have seen the handwriting on the wall a long time ago, and should have gotten out by now. What's left is people who are actively or passively supporting extortion.

The current management, I may agree with you.. But you are unfairly judging the employees who may be working because they have families to support and cannot afford to be out of work. I worked with a company at a job I hated (my bosses also did some unethical things) but I had job security, and chose not to risk leaving my family on the street.

I honestly don't see how you can accuse the secretaries, janitors and other support personnel of supporting extortion...

My two cents..

Kahless2k

Re:My heart fails to bleed

[Grishnakh]

Given sufficient time, it's not that hard to find a new job. Secretaries and janitors have the easiest time finding new jobs: why are you worried about them? You really think there's no other openings in SLC for a janitor? Or do you think being a janitor at SCO requires some special skills?

For the engineers and programmers, the job market is picking up right now, and there's lots of openings. My own megacorp has lots of openings, where just a year or two ago it was almost impossible to hire anyone from outside. You might have to move, but that's just tough. If you want a job that lets you live anywhere, then take up janitorial services.

I have absolutely no sympathy for anyone who finds himself out on the street when (not if) SCO goes belly-up. They've had literally years to find a new job.

Re:My heart fails to bleed

[yuri benjamin]

Or do you think being a janitor at SCO requires some special skills?

There's material for a joke in that statement - I just can't think of it right now. This post is a placeholder in case I think of one.

Much Larger Companies Didn't Take This Long to Die

[StarWreck]

Much larger companies didn't take this long to die with simmilar losses even though they had much higher revenue. Commodore for example fell due to simmilar losses in the single digit millions but they were making revenue in the single digit BILLIONS!

If Commodore couldn't handle long-term $2 Million losses with a total revenue over $1 Billion, what makes you think you can handle it with less than $10 Million in revenue, SCO? Just die already!

compensation to law firms

[dilvish_the_damned]

Accrued compensation to law firms:
2005: --
2004: $7,956,000

I am not familar with this '--' in the context of accounting.
Does this mean:

a) 'zero'.
b) $7,955,000.
c) they dont know/lost track
d) they are too embarrassed to say
e) ERR: Overflow

?

Re:compensation to law firms

[Zangief]

Maybe it means the year 2005 hasn't ended, so it may not be easy to calculate the $$$ "invested" in lawyers?

And this

[jpardey]

demonstrates that an American edumication is as good as any other!

Re:alt.spell.its.with.an.apostrophe.die.die.die

[mrjb]

"It's" is spelled with an apostrophe if it's short for 'it is'. Nothing wrong there

Re:SCO dumps Trolltech stock?

[fishbowl]

"If you've been avoiding KDE because of who owns their stock, then you're a jackass."

And if you are calling someone a jackass because they are sticking to their principles on some issue, you're no better!

Just because there's something worse, or it's happening elsewhere, is no reason to abandon his beliefs or suddenly embrace something he rejected on ethical grounds.

Calling him names will probably do nothing but further cement his opinions. Persecuting people for their beliefs won't make them modify their behavior. Maybe it helps you feel better to call people names. I don't think it does anything else though.

Which quarter?

[NineNine]

Which quarter are you talking about? Financial quarters generally don't generally end on January 31.

Re:Which quarter?

[sleeper0]

actually they very frequently do. These were results from 1Q05.

If you read the article linked to that we're discussion you'd see that:

"LINDON, Utah, June 1 /PRNewswire-FirstCall/ -- The SCO Group, Inc.
(Nasdaq: SCOX), owner of the UNIX operating system and a leading provider of
UNIX-based solutions, today reported results for its fiscal second quarter
ended April 30, 2005."

The second quarter ended on april 30, 3 months after the first quarter ended.

Re:SCO dumps Trolltech stock?

[Just Some Guy]

And if you are calling someone a jackass because they are sticking to their principles on some issue, you're no better!

Which weird principals are those? Not using a piece of Free software because someone you don't like used to own a bit of the company that released it to the world? That's inventing ways to pretend that you're more disciplined than those around you - nothing more.

Re:Before it gets slashdotted...

[conteXXt]

What?

TFA = The Featured Article

Have I been not swearing all this time , when I could have been?

dagnabbit
.

Re:SCO dumps Trolltech stock?

[fishbowl]

"Not using a piece of Free software because someone you don't like used to own a bit of the company that released it to the world?"

Makes sense to me. Your choice of who you take funding from may very well indeed reflect on your integrity. Why not?

Could you explain why it justifies name calling?

Re:SCO dumps Trolltech stock?

[Just Some Guy]

Canopy wasn't The Evil That Made SCO at the time they invested in Trolltech. Furthermore, Trolltech's been trying to buy themselves out of the debacle for many months now.

Analogy: Bank of America financed my mortgage a few years ago. If they were to suddenly get into the "conflict diamonds" business, does that retroactively make me a bad person? Would you refuse to use the software that I wrote or contributed to? Even if I was actively trying to refinance my house with a different investor?

How much of their 9 M income...

[Eric Damron]

was due to the sale of their Trolltec stock?

SCO Conference call

[Geminus]

Man what a conference call!!! Let's see, the first seven minutes was a huge lawyer like disclaimer that sounded like an EULA, and they only had two callers... one a private investor, and the other was a local newspaper. The gist of the conference call should be a warning to investors, "There are no millions of customers. If there were, then why did they have to cite so many ~6 foreign customers?" It sounds a great deal like they are praying on OpenServer 6 to be their salvation as the litigation isn't doing so well. If they can woo current customers over OpenServer 6, appropriately named 'legacy' they are completely sunk. I would be willing to bet that any current customers who are using SCO are more than likely seeking alternative solutions... which is a plus to Linux geeks. This means new jobs for old customers who wish to remain profitable. Imagine waking up for work at the auto factory and finding that your main supplier of engines are out of business? It should also be noted how outdated SCO training is. The only tests you can get are from Prometric, and Monster.com yeilds only 103 listings with the hitword SCO internationally. This certainly does not support the claim of 'millions of customers'. Just in case you're wondering, Red Hat yeilded 390 results... keep in mind that the word Linux was excluded from that search. The hit word Linux yeilded more than 1,000 jobs. Remember SCO's not Linux per say, but their own proprietary version of UNIX.

So?

[seanvaandering]

I did notice you also clicked on the link... now start chanting :)

Linux needs some scalps hanging from its belt

[adipocere]

I'm not rah-rah open source and I'm not a GPL zealot. However, Linux needs some scalps hanging from its belt.

What I mean is - Linux, the GPL, open source, all of that will not be taken as seriously as it should be by the corporate types until a major corporation (like SCO) has tangled with it and lost. Lost in a big, final, CEO-fired, flaming-destruction, closing doors, company selling its Aeron chairs kind of way. This would facilitate the kind of hushed whispers that would ensue whenever someone suggested trying to take over, or incorporate code and then lie about it. "You don't want to do that, Mr. PHB - you know what happened to SCO, right?"

Re:SCO dumps Trolltech stock?

[fishbowl]

"Would you refuse to use the software that I wrote or contributed to?"

I wouldn't even give you the time of day after calling me a jackass. That's really the main thing I'm responding to here.

Obligatory SPQR quote

[orzetto]

This is like standing on the side lines watching someone get beat to death by an angry mob and cheering for more blood.

<p style="colosseum">
Jugula! Jugula!
<p>

...and someone get me popcorn.

E-freakin'-nough!

[oahazmatt]

SCO's more persistent that Inigo Montoya. "My name is SCO. You killed my start-up. Prepare to... I'm sorry, I forgot my sword.. could you lend me yours so that I may disembowel you?"

Seriously, this is like dangling at carrot in front of a mule to get it to walk. And I, as a mule, am coming to the realization that I'm not getting that carrot any time soon.

"SCO's losing money? Wow!" Yeah, well, this story ain't exactly Citizen Kane, people. Most of us have read ahead. The only way the company is going to survive is they read ahead as well... and if life is a "choose your own adventure" book.

Turn to page 39: Your company is bankrupt.
Turn to page 78: ...Vampire Pirates!

Sco is a SMALL BUSINESS!!

[jleq]

Doesn't this now put them in the "small business" category? Hell, I've heard of "small businesses" with higher profits than that.

Re:Revisionism ...

[Capt. Beyond]

Perhaps you did not see my other post. For the umteenth time, Canopy had Trolltech shares due to Caldera Linux buying some much earlier. You remember Caldera, right?
It was only AFTER Canopy & SCO bought Caldera that they became Trolltech share holders.
If you should blame anyone, blame Caldera, not Trolltech!
Trolltech had NOTHING to do with it!

You cannot legally force investors to sell your stock.

The guy who paid

[mattr]

Amazing, that guy who paid (?) a million bucks to neutralize the FUD SCO was dishing out and protect his hosting business, in fact ended up providing them more than 10% of their annual revenue!

This has got to be against the law.

Re:Yeah, we know.

[Eggplant62]

So, which part of the time stream are you from? Last I knew, this news wasn't released prior to yesterday morning.

Dobbs, is that you?

Maybe you can tell me when the Xists are coming.

Re:Hidden costs

[vertinox]

On the downside they just created 11,000 Verizon Wireless customers.

Unix?

[ONOIML8]

SCO still has a Unix product?

When you don't have mod points

[EnderWiggin99]

...is when you honest-to-God have a use for them. =)

It's called a good reputation

[typical]

It's called having a good reputation. We wouldn't want the next company considering mugging Tux and his friends to have any false illusions about what happens to people who give that path a try.

Please explain why people buy AOL CDs

[typical]

Okay, I admit. That pretty much confuses hell out of me. Like every computer user in the United States, my valiant, decade-spanning efforts to avoid being buried under AOL's media spam have left me wondering *why* people are selling the things.

Is there some kind of value to the things? Do people actually *collect* AOL CDs? Is there someone, somewhere, who desperately wants free AOL hours?

Call to GIMP artists!

[typical]

Linux needs some scalps hanging from its belt

There is an urgent need for Tux-with-scalps desktop backgrounds!

From what I gather, a)

[Kjella]

Accrue: To be periodically accumulated in the process of time whether as an increase or a decrease (the accruing of taxes)

In short, it looks like they haven't booked any legal expenses because they haven't actually paid anything this quarter. It's a very simple way to make your numbers look good, without changing the actual situation. (clue: throw on lots of good press in good quarters, be very quiet in bad quarters)

Nelson Muntz voice

[Zog The Undeniable]

Ha ha!