There is absolutely zero upside for Novell in buying SCOX. And absolutely zero downside for not buying SCOX. SCOX is shooting blanks (header files????) on the legal front. And Novell already has linux street cred for 1. buying SuSE, 2. Sending a "STFU" letter to SCOX re the IBM suit and 3. pretty much shutting SCOX down in the "slander of title" suit.
You don't get street cred for rewarding extortion. Look at where SCOX was before they pulled this BS. About a buck a share. And SCOX has diluted shareholder value (in other words, printed and sold more stock) since then. Let's see: option 1. Pay more than 4x the original value of the company for an extortion threat or 2. let SCOX die a slow, painful and public death for being idiots. Anyone thinking of getting good PR by preventing this company from publicly bleeding to death from its self inflicted gut-shot is stupid. Paying off extortionists is *always* bad PR.
I mean dude, look at the charts. Notice the volume spike at around 10:00 AM. It was this sudden accumulation move that caused the prices to turn back around. The whole game is purely psychological. Today was certainly a good day to buy SCOX.
You might have had a point if yesterday after close hadn't been when SCOX had the investor conference call announcing that they lost more than twice as much money as the only analyst covering them had predicted. It's never "a good day" to gamble exclusively on market fluctuations. There are too many companies with an actual product that they are developing and selling to customers. Adding actual value to the world instead of trying to leach of the work of others and scam the gullable with press releases.
SCOX as a business is poison. Who wants to do business with a company that sues its customers? Even if they do lose. And what about a number of pending rulings on any number of the legal fronts which could sink SCOX's legal shenanigans. Pfeh! Better expected ROI on a lottery ticket.
Slashdot Mirror
You don't get street cred for rewarding extortion. Look at where SCOX was before they pulled this BS. About a buck a share. And SCOX has diluted shareholder value (in other words, printed and sold more stock) since then. Let's see: option 1. Pay more than 4x the original value of the company for an extortion threat or 2. let SCOX die a slow, painful and public death for being idiots. Anyone thinking of getting good PR by preventing this company from publicly bleeding to death from its self inflicted gut-shot is stupid. Paying off extortionists is *always* bad PR.
-Blaine
SCOX as a business is poison. Who wants to do business with a company that sues its customers? Even if they do lose. And what about a number of pending rulings on any number of the legal fronts which could sink SCOX's legal shenanigans. Pfeh! Better expected ROI on a lottery ticket.
-Blaine