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[News] SCO Refuels FUD, Economy Still Suffers

Update: McBride ousted at SCO, lawsuits to continue 

,----[ Quote ]
| The SCO Group plans to emerge from Chapter 11 soon and revealed that not only 
| will it modify its business strategy towards mobile products, it will also 
| replace chief executive officer Darl McBride and pick up the Linux and Unix 
| license lawsuits against IBM and Novell.   
`----

http://www.tgdaily.com/content/view/36344/118/

Is this the future of the market? Bogus lawsuits? All the 'innovation' will
immediately move to China and India.

Stocks Up, Jobs Down

,----[ Quote ]
| Prior to the U.S. open, payroll agency ADP reported the private sector lost 
| 23,000 jobs from January to February, while the increase from December to 
| January was revised downward by 11,000 to 119,000. The report may be a gloomy 
| harbinger for Friday's government jobs report, but was tempered by a 
| better-than-expected reading on activity in the services sector.    
`----

http://www.forbes.com/2008/03/05/briefing-ambac-halted-markets-equity-cx_ss_0305markets21.html?partner=yahootix


Related:

Much ado about SCO

,----[ Quote ]
| When you look at the facts here what makes for a great story will be very 
| likely to turn out to be much ado about nothing. What we are seeing is a 
| speculator picking the bones of a defunct company. The facts of the SCO case 
| haven’t changed; the Linux industry is stronger than ever.   
`----

http://www.linux-foundation.org/weblogs/jzemlin/2008/02/17/much-ado-about-sco/


SCO: taken over, slightly richer, but still on its way out

,----[ Quote ]
| Ovum has been dismissive of SCO's legal claims ever since the company first 
| aired them. This latest twist does not change our mind, on the contrary. Like 
| many others, we are puzzled by SNCP's decision; puzzled but not completely 
| surprised. After all SCO had been desperately trying to find a new financial 
| backer ever since the August 2007 legal setback against Novell which affirmed 
| Novell's, rather than SCO's, ownership of the Unix copyrights. This setback 
| caused SCO to file for bankruptcy in September 2007 and to announce a plan to 
| sell its Unix assets to JGD Management Corp/York Capital Management LLC for 
| up to $36m a month later. The plan failed. It has now found a Plan B with 
| SCNP.         
`----

http://www.ovum.com/news/euronews.asp?id=6684


SCO Bags $100 Million But Who Benefits?

,----[ Quote ]
| SCO maintains its image problem and it also carries that aforementioned heavy 
| debt. It owes money to several parties including Novell and it could face  
| followup lawsuits (comeback claiming damages) from victims of its own 
| lawsuits, assuming money remains in its coffers. Why would anyone invest in 
| SCO? More importantly, why now? That remains the key question in many 
| people's minds.    
`----

http://itmanagement.earthweb.com/cnews/article.php/3728651


SCO: it's not about winning but continuing the FUD

,----[ Quote ]
| Perhaps SCO's continued legal battle isn't about proving the validity of 
| their argument but about keeping their case in the public eye? 
`----

http://www.siriusit.co.uk/myblog/sco-continues-as-legal-mechanism-to-spread-fud-about-open-source.html


Quick Take: An Insane Investment in SCO

,----[ Quote ]
| Assuming that the legal system hasn't gone entirely bonkers yet, the 
| investment also sets Red Hat  (NYSE: RHT) up to follow its lawsuit against 
| SCO to its logical conclusion, after the IBM suit fizzles out. If I were Red 
| Hat, I'd send Stephen Norris a thank-you note. Seriously, guys -- what were 
| you thinking?    
`----

http://www.fool.com/investing/small-cap/2008/02/15/quick-take-an-insane-investment-in-sco.aspx


The Goldfarb Declaration - Updated: MS Statement

,----[ Quote ]
| According to the Declaration, Richard Emerson was not the only
| Microsoft employee Goldfarb was dealing with in connection with the
| BayStar investment in SCO. He mentions by name two others, from two
| other departments.
`----

http://www.groklaw.net/article.php?story=20061009152706664


,----[ Quote ]
| "There you have it. At least a third of SCO's entire market
| capitalization, and their entire current cash reserves, is payoffs
| funnelled from Microsoft. Their 10Qs reveal that every other line of
| cash inflow is statistical noise by comparison. The brave new
| SCO source business model is now clear: sue your customers, shill
| for Microsoft, kite your stock, and pray you stay out of jail."
`----

http://www.catb.org/~esr/halloween/halloween10.html

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