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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."
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
Well- It is in Lindon, Utah.
Probably not that many coffee machines.
I would rather have her hold on to my Wii system. That is all.
Shakespeare poems - infinite monkeys with infinite time.Computer tech support - a few trained ones working from 9 to 5.
I'm just looking at this as a stock trading opportunity. Anything dropping like this just has to bounce!