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Investors Bailing On SCO Stock, SCOX Plummets
HailDorothy writes "SCO's stock price is plummeting in the aftermath of Judge Kimball's ruling that Novell owns the UNIX copyrights, as we discussed earlier. '[W]e will continue to explore our options with respect to how we move forward from here,' SCO said in a public statement issued in a futile attempt to calm investors. SCO's stock price has fallen 70 percent during trading today, reaching a 52-week low. It looks like the end is near for SCO, which still owes Novell 95 percent of the SVRX UNIX royalties it collected from Microsoft and Sun through the SCOsource program. As Judge Kimbell noted in his ruling, it's unlikely that Novell will ever be able to collect on those royalties."
*opens champagne*
Ah the sweet smell of victory!
Now bring on Microsoft!
Wait... um....
Damn... this ain't gonna be so easy.
Where's the Tylenol?
Another consultant who stuck it out.
"We are the Priests, of the Temples of Syrinx..."
If a naked Morgan Webb giving away free Wii systems, then we'll know our time has come.
Fake Steve Jobs scooped it: he claims SCO has filed a new lawsuit--it's suing itself and its executives for incompetence in bringing about and losing the UNIX lawsuits. He's kidding, but I'll bet they thought about it a least for a minute or two ;-)
I prefer to call them SCOX, 'cause that rhymes with... what they are.
If my parents used retirement funds to invest in SCO I would cry inside. I raised them better than that.
"There are four boxes to be used in defense of liberty: soap, ballot, jury, and ammo. Please use in that order." -Ed H
Me.
and why are they buying it?Gag gifts for the next decade and the pretense of luxury. Some people snort coke with a twenty dollar bill. I curb my dog with stock certificates.
Dewey, what part of this looks like authorities should be involved?
Obviously they could not tell their Caldera from a hole in the ground....
- Minutus cantorum, minutus balorum, minutus carborata descendum pantorum.
But IANA stock analyst, so take that with a grain of salt.
Okay, but now I'm thirsty and I still don't know if I should trust your advice!
The enemies of Democracy are
We are fucked, and are desperating trying to think of something to save our selfs.
If you mod me down, I will become more powerful than you can imagine....
You mean a scorpse? scorpsicle?
Infuriate left and right
Well- It is in Lindon, Utah.
Probably not that many coffee machines.
SCO shares are now cheaper than toilet paper and are softer and more absorbent. I plan to buy a couple hundred bucks worth just so I can finally put them to the use they so richly (no pun intended) deserve.
I'm trying to teach myself to set people on fire with my mind... Is it hot in here?
I'm just looking at this as a stock trading opportunity. Anything dropping like this just has to bounce!
Hot-St0ck in the c0mput3r Industry!! Current Profile The SCO group, Inc.'s (OTCBB: SCOX) Symbol: SCOX Current Price: $0.37 3 day Target: $0.70 2 week Target: $1.25 Watch this one trade starting Wednesday Morning and Especially all this week. A huge PR Campaign just started and the price is expected to rise quite nicely. Its only trading at .37 with big increases possible! Judge to
rule on possession of huge part of UnIX market!
* Act Fast and Early! *
Weaselmancer
rediculous.
I don't believe any of this FUD about Novell owning Unix and SCO going down, and I won't until I hear about it directly from Laura DiDio. She's always right, isn't she?
Please stand clear of the doors, por favor mantenganse alejado de las puertas
I highly reccomend it. Better yet, buy a bond (if they have any). A guy I work for bought a enron bond for $1 as a gag, got the certificate, again as a gag.
Several years later, he got a bankruptcy settlement check for 3 cents. Its framed next to the bond.