Ah, they're just using the patented HubbardTech to apply LearnTech to students.
"Ms Hoover... I don't see why the GPL is viral. The argument makes no sense!"
"Well, Jimmy, that's because there is a word in B. Henry Gates' lecture that you don't understand. Go use WordClearTech until you find it. The rest of you: class dismissed because a worm has crashed the LAN again."
Don't you know? SCO doesn't pay cash for anything. They pay for everything they need with shares, right down to paper clips and pencils. This worked well when their FUD got their price up to $13, but with the share price dropping like crazy, it won't work anymore.
SCO has committed serious criminal acts and anyone who buys them out would be leaving themselves open to all kinds of liability for those criminal acts.
Besides, you can't go rewarding jackals. I want to see all those fuckers, especially McBride and Sontag, in jail.
Boies doesn't need an exit strategy. All he is guilty of is giving bad legal advice -- if he even gave bad advice (it's more likely that he told SCO that they didn't have a prayer, and they ignored him).
The exit strategy of SCO's executives is to sell as much stock as they can and get themselves to a small island nation before the bailiffs come knocking.
After reading IBM's countersuit, I no longer think that SCO's execs are going to walk away from this with millions. IBM is going to crush them all like little bugs and the whole lot of them are going to jail. Most likely the Canopy Group will get rolled over, as well.
By the way, thanks to everyone who modded my timeline up yesterday. It was nice to see all that work appreciated.
With these kinds of patents in their arsenal, and the stupidity of judges when it comes to patent infringement suits, I'd be effin' scared of IBM. It's a good thing they don't pull them out very often.
SCO is doomed. But not before the execs make millions in dumping stock.
Oh, I believe you. Actually, according to Yahoo, he also sold 15,000 shares on July 17 for about $195,000 but I did not see this on the sec.gov web site. I'll have to try to verify these and include them.
Makes you wonder why Broughton is doing most of the selling, eh?
Thanks. I did plan to, but was just finishing up this draft when the news of IBM's suit was announced. I may web this thing, though, and make frequent updates.
I just finished my SCO timeline complete with SEC fillings. Got to go back and update it again. Oh well, here it is. Please email me if you can add to it.
June 27 2002
McBride becomes CEO of Caldera.
Stock price around $0.60
March 7 2003
SCO sues IBM
Stock price up from $2.21 to $3.10 but falls back to mid $2.00 range
March 18
SCO stocks hits low of $2.07
Jeff Hunsaker (VP Worldwide Marketing) gets 100,000 options
Reginald Broughton (Senior VP International Sales) gets 50,000 options
Michael Olsen (VP Finance) gets 50,000 options
Robert Bench (CFO) gets 100,000 options
Darl McBride (CEO) gets 200,000 options
Can anyone fill me in on what happened between 3/14 and 3/17 that caused the price to drop from $2.64? And how did the executives know that $2.07 was the lowest it would go?
April 8
Robert Bench sells 4100 shares at $2.90 each for $11,890.
April 23
SCO issues warning to Red Hat and SuSE
Stock is up to $3.10
May 2
IBM responses to lawsuit, denies claims
SCO claims they have proof
May 14
SCO stops selling Linux, sends out letter to 1500 large corporations
suggesting that they stop using Linux.
Stock has been steadily rising, now at $3.55
May 15
SCO offers to show proof under strict NDA to journalists only
Stock shoots up to $4.55
May 16
SCO changes name to SCO Group Inc.
Board of Directors gets 10,000 options each at $4.75
May 19
SCO announces that Microsoft has given it cash, and that M$ is
not the first company to pay it off. Rumours are that the other
company is Sun. Total revenue from both licences: $8.25M.
Stock price starts to really take off. May 28
Novell issues press release challenging SCO
SCO states that they may end up suing Linus
Stock plummets from $8.71 to $6.60
June 3
Opinder Bawa (VP Global Services) pancis and sells 15,000 shares at a paltry $6.00 each, making $90,000.
June 5
O. Bawa exercises 7916 in options at $1.20 each and sells them for
$6.60 each, netting himself just over $42,000. He really should
have waited a day.
June 6
SCO announces discovery of ammendment to Novell contract
Share price shoots up to $8.52
Giddy with glee, Jeff Hunsaker (VP Worldwide Marketing) sells
5000 shares for $44,500.
June 8 SCO announces that they have shown 80 lines of code to some
doofus. This is a Sunday.
June 9 The day after this announcement, shares are up to $9.38.
Robert Bench (CFO) celebrates by selling 7000 shares, making
over $64,400.
June 11 SCO gives IBM until Friday the 13th to settle.
Shares drop to $8.65. Believing that the end is near, Michael
Olsen (VP Finance) sells 6000 shares, earning $51,720.
June 13
IBM's deadline passes and SCO is still alive. The stock price shoots up
to $11.21. Darl buys 7003 shares for one tenth of a penny each. In an
interview, Chris Sontag (Snr VP OS) says that SCO may own BSD
as well.
June 16 SCO announces that they are revoking IBM's AIX license. IBM
announces that they don't care. Shares dip.
June 17 SCO decides that they actually want three billion from IBM and
elaborate on what technology they think IBM stole from them.
June 18 Sun launches ad campaign trying to get Linux and AIX customers
to use Solaris instead. SCO criticizing Linus in a court document.
June 20
Reginald Broughton, needing some weekend money, sells 5000 shares when the stock price goes over $11, making almost $55,500. The price closes at $10.77.
June 23 SCO says that they won't sue their own Linux customers.
Slashdot Mirror
Ah, they're just using the patented HubbardTech to apply LearnTech to students.
"Ms Hoover... I don't see why the GPL is viral. The argument makes no sense!"
"Well, Jimmy, that's because there is a word in B. Henry Gates' lecture that you don't understand. Go use WordClearTech until you find it. The rest of you: class dismissed because a worm has crashed the LAN again."
I certainly hope you do give your son up for adoption. You're too stupid to be a father.
Don't you know? SCO doesn't pay cash for anything. They pay for everything they need with shares, right down to paper clips and pencils. This worked well when their FUD got their price up to $13, but with the share price dropping like crazy, it won't work anymore.
Tji,
Your claim that that we are making wild claims is a wild claim.
Yours,
Darl
SCO has committed serious criminal acts and anyone who buys them out would be leaving themselves open to all kinds of liability for those criminal acts.
Besides, you can't go rewarding jackals. I want to see all those fuckers, especially McBride and Sontag, in jail.
Boies doesn't need an exit strategy. All he is guilty of is giving bad legal advice -- if he even gave bad advice (it's more likely that he told SCO that they didn't have a prayer, and they ignored him).
The exit strategy of SCO's executives is to sell as much stock as they can and get themselves to a small island nation before the bailiffs come knocking.
After reading IBM's countersuit, I no longer think that SCO's execs are going to walk away from this with millions. IBM is going to crush them all like little bugs and the whole lot of them are going to jail. Most likely the Canopy Group will get rolled over, as well.
By the way, thanks to everyone who modded my timeline up yesterday. It was nice to see all that work appreciated.
With these kinds of patents in their arsenal, and the stupidity of judges when it comes to patent infringement suits, I'd be effin' scared of IBM. It's a good thing they don't pull them out very often.
SCO is doomed. But not before the execs make millions in dumping stock.
If you take a look at
http://biz.yahoo.com/t/s/scox.html
it seems that old Reg has a number of automatic sales set up, not just at the beginning of every month.
Oh, I believe you. Actually, according to Yahoo, he also sold 15,000 shares on July 17 for about $195,000 but I did not see this on the sec.gov web site. I'll have to try to verify these and include them.
Makes you wonder why Broughton is doing most of the selling, eh?
Thanks. I did plan to, but was just finishing up this draft when the news of IBM's suit was announced. I may web this thing, though, and make frequent updates.
Gotcha. Makes sense to me. I'm not much of an investor. Thanks for the info.
I just finished my SCO timeline complete with SEC fillings. Got to go back and update it again. Oh well, here it is. Please email me if you can add to it.
June 27 2002
McBride becomes CEO of Caldera.
Stock price around $0.60
March 7 2003
SCO sues IBM
Stock price up from $2.21 to $3.10 but falls back to mid $2.00 range
March 18
SCO stocks hits low of $2.07
Jeff Hunsaker (VP Worldwide Marketing) gets 100,000 options
Reginald Broughton (Senior VP International Sales) gets 50,000 options
Michael Olsen (VP Finance) gets 50,000 options
Robert Bench (CFO) gets 100,000 options
Darl McBride (CEO) gets 200,000 options
Can anyone fill me in on what happened between 3/14 and 3/17 that caused the
price to drop from $2.64? And how did the executives know that $2.07 was the
lowest it would go?
April 8
Robert Bench sells 4100 shares at $2.90 each for $11,890.
April 23
SCO issues warning to Red Hat and SuSE
Stock is up to $3.10
May 2
IBM responses to lawsuit, denies claims
SCO claims they have proof
May 14
SCO stops selling Linux, sends out letter to 1500 large corporations
suggesting that they stop using Linux.
Stock has been steadily rising, now at $3.55
May 15
SCO offers to show proof under strict NDA to journalists only
Stock shoots up to $4.55
May 16
SCO changes name to SCO Group Inc.
Board of Directors gets 10,000 options each at $4.75
May 19
SCO announces that Microsoft has given it cash, and that M$ is
not the first company to pay it off. Rumours are that the other
company is Sun. Total revenue from both licences: $8.25M.
Stock price starts to really take off.
May 28
Novell issues press release challenging SCO
SCO states that they may end up suing Linus
Stock plummets from $8.71 to $6.60
June 3
Opinder Bawa (VP Global Services) pancis and sells 15,000 shares at a paltry
$6.00 each, making $90,000.
June 5
O. Bawa exercises 7916 in options at $1.20 each and sells them for
$6.60 each, netting himself just over $42,000. He really should
have waited a day.
June 6
SCO announces discovery of ammendment to Novell contract
Share price shoots up to $8.52
Giddy with glee, Jeff Hunsaker (VP Worldwide Marketing) sells
5000 shares for $44,500.
June 8 SCO announces that they have shown 80 lines of code to some
doofus. This is a Sunday.
June 9 The day after this announcement, shares are up to $9.38.
Robert Bench (CFO) celebrates by selling 7000 shares, making
over $64,400.
June 11 SCO gives IBM until Friday the 13th to settle.
Shares drop to $8.65. Believing that the end is near, Michael
Olsen (VP Finance) sells 6000 shares, earning $51,720.
June 13
IBM's deadline passes and SCO is still alive. The stock price shoots up
to $11.21. Darl buys 7003 shares for one tenth of a penny each. In an
interview, Chris Sontag (Snr VP OS) says that SCO may own BSD
as well.
June 16 SCO announces that they are revoking IBM's AIX license. IBM
announces that they don't care. Shares dip.
June 17 SCO decides that they actually want three billion from IBM and
elaborate on what technology they think IBM stole from them.
June 18 Sun launches ad campaign trying to get Linux and AIX customers
to use Solaris instead. SCO criticizing Linus in a court document.
June 20
Reginald Broughton, needing some weekend money, sells 5000 shares when the
stock price goes over $11, making almost $55,500. The price closes at $10.77.
June 23 SCO says that they won't sue their own Linux customers.
June 25 With the stock